SheepToken Live Stream — Liquidity Pool Re-Lock

Admin
1 min readJul 30, 2021

In this video I will go thru each step on re-locking the liquidity for SheepToken. The community vote has completed and the majority opted for a 6-month re-lock.This time-lock will expire on 1/30/22 at 12AM GMT.

The new contract address that contains the Liquidity for SheepToken below.

https://bscscan.com/address/0xE91C6E4D6C1acDAD2031CdA790d70De0D7D0628f

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Sheep Token is a deflationary token that allows for passive income generation for investors. The first juicy feature is the “penalty” applied to all buy/sell/wallet transfer transactions. This penalty increases the liquidity, reduces the supply and rewards token holders. Here’s how it works; 6% on each transaction is split instantly among token holders and the burn wallet, reducing supply and rewarding holders. The Sheep Token protocol will burn 3% of every transaction forever and redistribute the remaining 3% to token holders as reward. This arrangement eradicates 3rd party risk from having to keep assets in a separate contract while yield farming while reducing supply and rewarding holders with passive wealth generation.

Contract: 0x0025b42bfc22cbba6c02d23d4ec2abfcf6e014d4

Telegram: @SheepTokenChat

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Admin
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Sheep Token (SHEEP) is an up-and-coming DeFi project that’s taking those necessary steps to be considered in a serious light.