What is Poop? Shitcoin Recycle The Up-Only Mechanism The New Paradigm of Poop
Poop is a DeFi protocol where you can recycle valueless shitcoins and get $POOP in return.
$POOP is a token that goes Up-Only. As the scavenger of the DeFi ecosystem, Poop builds its liquidity through shitcoins recycling. It is a long-neglected but essential DeFi infrastructure.
The core feature of the Poop platform is Shitcoin Recycle. As DeFi degens ourselves, we see the need for a wallet scavenger helping to dump those valueless tokens that we got from bad investment decisions, random airdrops, and rug pulls. Shitcoin Recycle allows users to exchange any kind of token and get POOP in return.
The POOP token adopts an over-collateralized elastic supply mechanism, which guarantees the price of POOP/BNB goes Up-Only. The mint and burn of POOP are supported by the deposits and withdrawals of the BNB Backing Vault. Each time a POOP is bought (minted) or sold (burned) on the Poop platform, a small-portion tax will be charged and collected by the Backing Vault. It ensures that the reserved BNB in the Backing Vault will always increase at a greater rate than the total supply of POOP.
As defined, every POOP token is backed by the over-collateralized BNB vault and supported by solid liquidity, which ensures the price of POOP/BNB goes Up-Only. From a higher level, POOP = the Up-only Leveraged BNB. Holding POOP is like holding the "prosperity" of a specific blockchain ecosystem.
From Poop to da moon, get ready to take off. After all, everybody poops! 💩