MewnbaseOnBase
Mewnbase is a hold-to-earn token on the BASE L2 blockchain. There is a 6.9% buy/sell tax that is distributed as ETH directly into your wallet based on volume X bag size
About
The problem it solves Our project recognizes the transformative power of reflections and community engagement in fostering sustainable growth. By distributing Ethereum reflections to holders, we empower them to reinvest in the base ecosystem, fueling its expansion and value. This virtuous cycle ensures that the project's success is shared among its participants. Holders can use their Ethereum reflections to invest in other promising projects, diversifying their portfolios and generating additional income streams. Moreover, our community-centric approach provides tangible incentives for active participation. Unlike in traditional projects, where marketing efforts often benefit only a select few, our model allows all holders to contribute to the project's growth. By engaging in marketing and promotion, they directly impact the value of their own investments. This symbiotic relationship between reflections, community building, and marketing creates a positive feedback loop that drives long-term success. As the project grows, so too does the value of our holders' investments, creating a mutually beneficial ecosystem.
How it's made
Challenges we ran into Reflections contracts isnt something new, many have existed before us, but a common problem they all have had before is the reflections are in the projects native currency, this dilutes the supply and make it less scarce. With the token being less scarce, the price of the tokens depreciate & lead to the token to be more vulnerable to price dumping. Mewnb on the other hand rewards holders (contract handles all of this, no human part Involved) in Ethereum. This prevents dilution of the supply and tokens price manipulation from big investors who would end up having alot of native Currency on hand. This gives initiative for investors to compound more MEWNB with their Ethereum reflections but also having the possibility to diversify their portfolio into other projects.