FAQs

Why POOBSC Finance?

POOBSC Finance is building MemeFi for meme tokens. $POOBSC is the ultimate shit coin and meme token that helps bring liquidity and DeFi to all meme tokens. Poomanity is a meme and a playful imitation of all things wrong with humanity and our society today. Too often, we are disappointed by human behavior and actions that do not represent the best interests of man/womankind. There's no better emoji that signifies this than 💩

Combined with the popularity of Pepe the frog, the POOBSC mascot is the perfect companion to show you support against humans in favor of technology and code.

Trust humanity poomanity. Trust code.

Why DeFi?

Meme coins have surged in popularity, driving speculation and quick profits in the cryptocurrency markets. However, they often lack functionality, liquidity, and yield-earning programs due to their decentralized, community-driven nature. We aims to address these limitations by enabling meme token swaps, lending, and yield-earning across multiple blockchains, all within a single platform... all lead by the ultimate shitcoin, $POOBSC. Want to swap between $SHIB and $FLOKI? Want to lend out your $PEPE and earn yield? Want to manage your meme tokens by saving gas on a L2 and then bridge back to ETH? It's now possible...

What is $POOBSC

$POOBSC is a meme token and store of value for the POOBSC ecosystem.

$POOBSC combats the devaluation of fiat currencies with an alternative asset made for citizens against government and human intervention. Trust ̶̶ ̶h̶u̶m̶a̶n̶i̶t̶y̶ ̶ ̶ poomanity. Trust code.

What Create a Milestone Based Meme Token?

POOBSC Finance realizes that as the market cap and number holders of a token increases, so does expectations. Price and market cap are only sustainable and do not increase as long as value is continuously provided. POOBSC make no upfront promises on a roadmap unless we collectively achieve market cap milestones together (which enables us to organically use the milestone reserve to continue to create value). This model creates a shared goal by our founders and community to grow together.

Why is the Team Anonymous?

$POOBSC was made from a passion of rebelling against human corruption and government regulation. $POOBSC is a symbol of freedom with trust in math and development code. The founding team at $POOBSC has created successful DeFI protocols and DAPPs in the past and grown the market cap of a token to over hundreds of millions. The founding team is choosing to operate anonymously to prevent any conflict of interest as well as avoid legal issues in the event that all crypto tokens are deemed securities.

Does $POOBSC Have a Rewards Model?

POOBSC has a staking reserve allocation that will seed loyalty rewards for stakers. All contributions and fees collected from milestone products will also be added to the staking reserve to reward stakers in the future.

Why Raise Funds with a Presale?

Token value is created with the help of volume and liquidity. Liquidity requires exchanges and market making to create markets. Exchange listings and market making require signficant capital. For example, a listing at gate.io costs $300K. POOBSC Finance is transparent on how raised funds are used to maximize the value of $POOBSC over the long-term.

Why is There A 80 BNB Hardcap on the Pre-Sale?

It's crucial to find an equilibrium in a token's circulating supply, while simultaneously raising the minimum necessary funds to bolster the success of our objectives. POOBSC Finance has experience in managing a treasury and fostering the growth of token value towards high market caps.

Teams that raise excessive funds initially may face challenges in generating buying interest on listing day. This is because a high market cap often limits the potential upside. Additionally, teams will lack the urgency required to operate which increases the risk of failure. On the other hand, teams that raise insufficient funds struggle to generate the required liquidity and trading volumes to create value and attract new community members.

POOBSC Finance aims to raise a sufficient amount to support activities that maximize the potential of $POOBSC. This approach ensures long-term alignment through a token model with shared goals and milestones with the community. A max cap of 80 BNB provides a balance that keeps a lower market cap with a larger upside, while also creating ample liquidity for community driven activities.

Why Contribute Early in the POOBSC Finance Pre-Sale?

$POOBSC pre-sale tokens are priced lower to encourage early adopters to join our community. At a claim rate of 11,520,000,000 $POOBSC per 1 BNB, this represents a 25% discount from the public price the $POOBSC liquidity pool will open up with. We want to reward our early supporters that help kickstart the Poomanity movement for being alongside us from day one.

Will I Get Rugged by POOBSC Finance?

$POOBSC was created as a movement against human involvement. Blockchain and DeFi replace the need for human involvement. Both of these are themes on why POOBSC Finance was created. Our mission aside, you can always reduce your risk by performing due diligence on companies in this space. As the old adage states, actions speaks louder than words. For POOBSC, observe us for our openness with our code on Github, documentation on Gitbook, and clear communications. If its not simple to understand and hard to find, it's a red flag. At the same time, judge us for our execution. Quality trumps all and our design, code, vision, and mission are above the competition. We have aspirations to work with our community to expand on this movement and create a global brand that uses $POOBSC as a means to transfer value and signify your stand against corruption by bad human actors. Rugging is not an option.

When Do I Claim My $POOBSC Tokens?

When you deposit your BNB to the POOBSC swap contract, $POOBSC tokens are immediately exchanged and returned back to your wallet.

Why are $POOBSC Tokens Locked Until the Unlocks Date?

Pancakeswap is permissionless and anyone can create a liquidity pool. Locking the tokens from transfers enables POOBSC Finance to create the official Pancakeswap pool at the declared public set price before others create unofficial pools and alter the price. Having an official pool reduces confusion from multiple liquidity pools, scams, and more.

How Do $POOBSC Tokens Become Unlocked and When Will They Unlock?

$POOBSC tokens will unlock after the official $POOBSC liquidity pool is created.