It was a significant fault of central banks to decrease interest rates to zero and even negative rates. However, it also was a bit of great luck for the crypto industry. As a result, people change local fiat to crypto to generate passive income in the DeFi sector. Moreover, massive competition among yield-generating projects leads to more beneficial conditions for holders. For example, the SHEEP Token project attracts the community by providing holders with 3% auto burning and 3% rewarding features. Read below to learn more about the Sheep’s blockchain protocol. Also, get a guide on how to trade SHEEP tokens on the Tokpie exchange.
Update: the project’s web is not working. So the trading is not available.
What’s the Sheep Protocol?
The Sheep Protocol is the smart contract on the Binance Smart Chain (BSC) that rules $SHEEP. Such an unbiased programmable code deducts 6% from every token transaction. Then, the contract burns 3% out of these six percent. Therefore, the total supply is constantly decreasing. The rest 3% goes to all holders due to the number of coins they have. So, the more $SHEEP in the holder’s hands, the higher passive income he obtains. Important to note that Techrate audited the above mechanics and did not find vulnerabilities. Simultaneously, to provide more value to the users, the team plans to release the NFT marketplace in Q4, 2021.
What’s the SHEEP token?
SHEEP is the BEP20 (BSC) token with deflation tokenomics. As a result, investors can generate income at higher rates than in any bank. Also, the coin serves as a means of rewarding the community for engagements. For instance, developers run airdrops every week. 10% of the resulting prizes go to the World Vision foundation to support animals. Moreover, devs started to build a merchandize website to sell shirts, flip-flops, face masks, and many other tangible tokens.
- Token Name: Sheep Token
- Symbol: SHEEP
- Website is not working.
- Token total supply: 75,729,206,274
- BSC Smart contract address: 0x0025b42bfc22cbba6c02d23d4ec2abfcf6e014d4
How to buy SHEEP token?
To purchase SHEEP tokens for USDT or ETH do three simple steps:
- Fund your account with USDT or ETH. If you don’t have crypto, you can purchase USDT or ETH with a bank card in few minutes.
- Open the SHEEP/USDT or SHEEP/ETH order book and place your trade order to buy. Use this instruction if you don’t know how to place a trade order.
- Withdraw SHEEP tokens to your personal BEP20 wallet or hold them on the account.
How to buy SHEEP with Bank Card or Apple Pay?
Use your bank card or Apple Pay to obtain SHEEP altcoins for your local fiat currency.
- Log in and generate the USDT address by clicking on the [+ Deposit] button here.
- Enter the generated USDT address on the bank card processing page. Also, enter the amount of USDT and click on the “Continue” button.
- After getting a confirmation email, obtain SHEEP tokens here.
How to sell SHEEP tokens?
To sell SHEEP tokens for USDT do three simple steps:
- Deposit SHEEP tokens into your account.
- Open the SHEEP/USDT or SHEEP/ETH order book, and place your trade order to sell. Read the instruction if you don’t know how to place a trade order.
- Withdraw USDT or ETH to your personal wallet (ERC20 / BEP20) or hold them on the account.
How to deposit SHEEP token?
To deposit SHEEP tokens into your Tokpie account, follow this guide. Also, make sure that you are going to deposit BEP20 tokens that relate to this smart contract address. If you deposit the wrong tokens or the wrong blockchain type, Tokpie could not identify your transfer.
Note: Tokpie doesn’t charge any fees for depositing.
How to withdraw SHEEP token?
To withdraw SHEEP tokens from your Tokpie account, use this instruction. Besides, you must have BEP20 compatible wallet address to be able to withdraw tokens. Also, check the withdrawal commission.
Disclaimer
Also, please be aware that Tokpie charges a fee for the listing. Tokpie does not give any investment, legal, tax, financial advice, or warranty of token price performance or successful fundraising.
Useful links to trade SHEEP tokens
- The SHEEP’s website doesn’t work.
- Markets to trade SHEEP tokens: SHEEP/USDT and SHEEP/ETH.
- Also, check trade statistics on Tokpie.
- Tokpie’s trade fees and withdrawal commissions.