#PitbullToken 5- Does Pitbull Token support burning? Is there manual burning?
The working logic of $PIT is very simple. In each transaction, 2% is distributed to the dead wallet and 2% is distributed to the holders. Thus, while auto-staking is done, it also burns the supply. In addition, since it is the largest holder dead wallet, it gets its share of both burning and distribution. Thus, as transactions increase, the number of dead wallets increases. (The burning will increase.) As for manual burning, such a situation is not possible since there is no access to liquidity. However, this may be the case if volunteers want to do so or if investors want to send the amount they have to the dead wallet when an event is held.
6- Is there any team wallet?
Pitbull does not have any locked wallets, developer wallets or team wallets. Everyone is an investor and everyone can only invest individually (by buying on the market). We only have one donation wallet, and investors can donate any amount they want. We are trying to make our investors happy by using the amount accumulated in this donation wallet in the most appropriate way.
7- How transparent is $PIT?
Transparency is a top priority for the Pitbull team and the community. Every step the project will take is decided by the vote of the entire community. For $PIT, which is one of the rare projects where investors have a say, the Pitbull team plans to evolve the project into a Governance system in the future.
8- How does $PIT Auto-Staking work?
The total supply is 100,000,000,000,000,000, $PIT. 50% of the total supply was initially literally burned into a “black hole” with no return. The maximum limit per transaction is $500,000,000,000,000 PIT.
For each token transaction, 2% is automatically distributed to users holding the token. Thanks to this unique and easy way, users can obtain more tokens by simply holding $PIT in their wallets, without staking or sending tokens on any platform. This also allows you to avoid expenses such as network fees or transaction fees for staking. #PITBULL🐕🦺
#PitbullToken 1- When was it released? Have there been any pre-sales?
$PIT was listed on the Binance Smart Chain network on March 17, 2021. There is no pre-sale for Pitbull. It was implemented with a fair listing.
2- Does Pitbull Token have an owner?
The project developer dedicated the project to investors by burning half of the total supply at the outset, relinquishing full ownership of the token contract from its initial issuance. Therefore, the owner is the community. The entire current team that has brought and developed the project to this point consists of volunteer investors.
3- Is Pitbull Token safe?
$PIT is a cryptocurrency project that is extremely secure due to its smart contract and concept. Since the developer waived the project by burning half of the total supply before the project was published, he had no opportunity to access the contract and make any changes, as per the contract. Since liquidity cannot be reached, it is extremely safe due to the Pitbull Contract. (You can read the contract code on Bscscancom.)
Pitbull Token Contract has been examined by professional cryptocurrency contract auditors (Audit) and has been proven to have no security risks. For details of the security report audited by Techrate and concluded that it is safe:
✓ There was no high security risk. ✓ There was no medium risk security risk. ✓ No low level security risk found. ✓ There are no contract ownership privileges.
4- Who are their managers? How many people does it consist of?
All Pitbull Token managers consist of volunteer investors. With nearly 50 developers, we are growing our family and getting stronger every day. #pitbullcoin