🥷 Shinobi Token

Shinobi Token is the official token of the project. It was launched on Rug.Ninja and is already listed on Vestige. For purchases and swaps, we recommend using the websites Tinyman and Vestige.

Purpose of the Token

The purpose of the token is to increase priority during the initial purchases made by bots. Here’s a detailed explanation:

1. Investment Scenario

• Imagine you have invested 100 Algorand in the purchase of a new token.
• Another bot user has invested 1000 Algorand in the same token.
• If they buy before you, the liquidity and profit will be entirely theirs, allowing them to sell and profit from your 100 Algorand investment.

2. Priority System

• To prevent the above scenario, we are introducing a token where priority is based on the amount of Shinobi tokens staked.
• There is a maximum limit for each transaction.

3. How it Works

• When a person buys with 100 Algorand, they will need to stake 10 Shinobis.
• If another person buys with 1000 Algorand, they will need to stake 5 Shinobis.
• The person with more Shinobis staked will have the priority to make the purchase with the bot.

4. Fairness Mechanism

• The maximum limit will be $10 worth of Shinobi per bot purchase.
• If multiple people stake $10 worth of Shinobi, our bot will distribute the purchases fairly among all users.