$BOB What’s your favorite project on BNB Chain? For me, it’ | the EXO girl on Binance Square

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$BOB What’s your favorite project on BNB Chain?
For me, it’s definitely $BOB because its main mission is to Build On BNB.

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

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$BOB Nothing happened over the weekend. If nothing happens on the weekend, then maybe it will on a weekday. Once again, I say this is crypto. For me, who believes in $BOB , I have the right to say anything and share anything based on facts, not assumptions. For those who believe, that’s fine. For those who don’t believe, that’s also fine. Every time there is a negative comment, I immediately check your profile and quickly find that you are a fan of another token who deliberately speaks badly about BOB. For me, that’s not a problem please continue. But let me remind BOB holders never insult other tokens, unless you are personally attacked. In that case, you have the right to defend yourself with evidence, not just words, make sure to include valid proof. For BOB holders, always uphold decentralized democracy. Do not tarnish decentralization, because decentralization does not teach such behavior. Let the haters continue commenting, and do not block them, because in doing so, your posts will always go viral thanks to the haters’ comments on your posts.

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$BOB This is not about $BOB for those of you who don’t believe in BOB. This is about BOB for me, who believes in BOB. So, am I wrong if I say this is about BOB? This is crypto, and crypto is decentralized. There is no need for debate because decentralization is essentially democracy.

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$BOB I am a programmer who is highly skilled in the Solidity programming language. Therefore, I have the capacity to discuss smart contracts based on my knowledge as a programmer. If you want to buy $BOB , I suggest you learn first before buying. Now you should go check through BscScan and see the BOB token there yourself. In the “Write Contract” section, there are no dangerous custom functions, which indicates that the developer has no malicious intent. Moreover, LP Burn has already been carried out and Renounce Ownership has also been done. In the BOB token smart contract, there are no mint functions and no burn functions. This means the developer cannot increase the supply or burn the supply because the smart contract does not support those functions. If a developer is still able to perform manual burns after renounce ownership has been done, it means the developer still has control. In that case, the renounce ownership that was done can be said to be just camouflage.

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Why are the $BOB developers poor? Because they never sell their tokens. Why are other token developers rich? Because they sell their tokens through internal functions that you do not know about, and this happens through smart contract functions or internal functions. A reduced token supply or even developers performing daily burns does not guarantee deflation. Token burning is a classic method used by malicious token developers, and this method is widely applied by scam developers. If the developer still has control over the token, inflation will still occur. $BOB implements an LP Burn mechanism, and this is very rarely done by other token developers because LP Burn is not profitable for the developer. Only 1 in 100 developers applies LP Burn. Generally, the deflationary mechanism of token burning is used as a way to deceive holders into believing that scarcity will occur soon. But what is the point of scarcity if the developer still has access control over the token? If ownership has been renounced, can the developer still access control over their token? If you see dangerous functions in a token, be sure that it can still be exploited. Indeed, those functions are intended for malicious purposes, and even if ownership has been renounced, fraud can still be carried out through backdoors. Only programmers with knowledge of the Solidity programming language can detect this. In most cases, renounce ownership is only done to deceive, because in reality there are hidden ways for the developer to retain control. The more custom functions a token smart contract has, the more opportunities there are for manipulation, even after ownership has been renounced. The fewer custom functions in a token smart contract, the fewer the opportunities for manipulation. Especially if the developer has already applied LP Burn, manipulation becomes impossible because the logic of the smart contract rejects any such action, even if the developer wants to perform it.

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$BOB chooses to implement LP Burn and not Token Burn. What is the difference between Token Burn and LP Burn? With LP Burn, $BOB burn the LP token from adding liquidity to the DEX. This means BOB liquidity in the pool will be permanently locked and cannot be withdrawn by the developer. The impact is that holders feel safer because the risk of a rugpull does not exist, since after adding liquidity the developer has also performed Renounce Ownership. BOB will always have a trading pair, so transactions can continue because no one can remove the liquidity pool. On the other hand, BOB does not perform Token Burn because the token’s smart contract does not have a mint function or a burn function. This means the total supply of BOB tokens neither decreases nor increases. BOB price is not driven by deflationary mechanics, but purely depends on market demand. Once again, BOB implements LP Burn, not Token Burn. So you must be able to distinguish between the two. BOB strategy is to emphasize security and holder trust by locking liquidity through LP Burn. However, unlike tokens that rely on Token Burn to create scarcity, BOB does not use that method. The value of BOB is determined more by adoption and market activity, not by supply reduction. Therefore, everything applied here is based on smart contract logic and should not be equated with human logic. Smartcontract logic, once deployed, cannot be reversed. Human logic, after signing a contract, can still be canceled through certain mechanisms. If you have knowledge of coding in the Solidity programming language, you will understand how this logic works. If you do not have such knowledge, then you can go search on Google by asking how smart contract logic works when implementing LP Burn.

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