1 Cent Dream

alexTo The Moon9 months ago16 Views

We exist to serve the Shiba Army!

Our primary focus is creating massive demand for SHIB and ensuring that $SHIB hits .01, hence the name 1 Cent Dream.  

We do this by burning SHIB and accumulating SHIB in our SHIB/CENT liquidity pool.

We also believe in Ryoshi’s vision – the guiding principles and objectives behind the Shiba Inu ecosystem:

  • Decentralization: Empowering community governance and reducing reliance on centralized authorities.
  • Community-Driven Development: Encouraging contributions and participation from the community in all aspects of the ecosystem.
  • Shiba Inu Ecosystem Expansion: Developing and supporting a wide range of projects, such as ShibaSwap, Shibarium, and other decentralized applications.
  • Financial Inclusivity: Making financial tools and opportunities accessible to everyone, regardless of their background or financial status.
  • Innovation and Experimentation: Promoting creativity and new ideas within the community to drive the ecosystem forward.
  • Transparency: Maintaining open communication and clear information-sharing within the community.
  • Burning Mechanisms: Implementing strategies to reduce the supply of SHIB tokens, increasing their scarcity and potential value.
  • Partnerships and Collaborations: Building strategic alliances to enhance the ecosystem and create new opportunities for growth.
  • Long-Term Vision: Focusing on sustainable growth and the long-term success of the Shiba Inu project.
  • Charity and Social Impact: Supporting charitable causes and making a positive impact on society through community initiatives and contributions.

Who We Are

The 1 CENT DREAM is a community-driven initiative focused on reducing the supply of both Shiba Inu (SHIB) and $CENT tokens, with the ultimate goal of making SHIB worth 1¢ USD. 

This dream is shared by the Shib Army, who are committed to decentralization and collective action, with a focus on burning trillions of SHIB as we continue to grow. 

Key Highlights 

1. Anonymous Community Leadership: The project is led by anonymous developers inspired by Ryoshi, aiming to maintain a decentralized approach while actively engaging with the Shib Army.

2. Burning Mechanism: The primary objective is to burn as much SHIB and $CENT as possible. For every transaction involving $CENT, 1% of the transaction is burned, and another 1% accumulates Shibarium Shiba Inu, which is then burned using Ethereum dead wallet addresses to transparently reduce SHIB’s circulating supply.

3. Auto-deflationary Token: $CENT is an auto-deflationary token paired with Shibarium SHIB, residing on the Shibarium network. Each transaction incurs a 3% tax: 1% for burning $CENT, 1% for liquidity, and 1% for accumulating Shibarium SHIB.

4. Tokenomics: The total supply of $CENT is 100 billion tokens. 60 billion tokens (60%) of that initial 100 billion were burned in one transaction. Over 900 million of $CENT has also additionally been auto burned from transactions. 10% is allocated to the devs for operational costs, marketing, and potential buybacks.

5. Liquidity Management: Liquidity is located on ShibaSwap and has many of the members providing liquidity for the pair, which instills confidence.

6. Transparency: The team shares all transaction hashes and the accumulated SHIB wallet address to ensure transparency and trust within the community.

Community Highlights

  • The community has grown rapidly, already burning 100 million SHIB with an additional 250 million scheduled to be burnt soon.
  • A community team that is not affiliated with internal devs is working on a new mini Telegram app where users can earn rewards and learn about the Shibarium ecosystem, which could cause the $CENT community to explode.
  • A new SHIB burn portal is in development, which will directly reward users for burning SHIB and staking $CENT, and is strategically designed with financial incentives to bring new users to the Shibarium network which will be a game-changer. 
  • The SHIB/$CENT pair has 950 million SHIB pooled, contributing to $30,000 in liquidity with a FDV market cap of $168,000.
  • The community boasts 378 Telegram members and is one of the most active communities on X (formerly Twitter).
  • Impressively, all of this progress has been made in just three short months, promising much more ahead for this token and community.

Where to Find More Information

The white paper and additional details can be found on the 1 CENT DREAM page on FEF Solutions. Here, you will find contact information, official links, and more resources related to the project.

Check the @1cdream X account for more information and the 1 Cent Dream Telegram channel to connect with the community.  

Join the journey to the 1 CENT DREAM and help burn SHIB to achieve this collective goal! 

Why pair with Shiba Inu?

For many obvious reasons. 

Without #SHIB we wouldn’t be here. 

There would be no Shibarium, no $CENT. No #SHIBARMY . 

We build for Shib out of respect for Shiba Inu. 

Shiba Inu is Everywhere. 

Shib is an extremely flexible and underrated asset. 

It already was a household name in 2021 and over the years we watched and contributed to Shib gaining adoption by people, places, and things that all made us get a little starstruck.

The implied use cases for Shiba because it’s woven into everyday finance is only understood by a few. 

Shiba Inu has brand recognition, solidifying itself as a contender in Web3 and beyond, so attaching $CENT with it is a NO BRAINER.

Yes, we burn Shiba Inu, but more importantly, we bring demand for Shib.

If a potential investor wants to buy $CENT, they must FIRST purchase Shiba Inu.

How more aligned with Shib can $CENT be?

Guess what?

Wen you sell your $CENT, you receive Shib. 🙂

As we are approaching 1 billion $SHIB in our liquidity pool, we couldn’t be more proud. 

We saw opportunity and we are doing our best to seize the day for Shib via 1 CENT DREAM.

 $CENT. 

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