Known as the Big Red Dog and $CLIFF, Clifford Inu is being described as the token to ensure growth on the Ethereum blockchain network. Self-proclaimed as the coin to have the best ‘tokenomics’, the Big Red Dog’s core function hardwired in its DNA is to achieve a ‘true burn mechanism’. 

This burn mechanism enables Clifford Inu’s burn address to continuously attract more tokens and increase its worth, as a result of every such transaction. 

Mechanisms Of Clifford Inu

Workings of Clifford Inu is simple and clever at the same time. An interested user would swap Ethereum for Clifford Inu or vice-versa on any supported platform, and would be incurred a minor liquidity transaction charged. This fees charged to the user would then be utilized over time to purchase and acquire tokens.

The acquisition would be summoned automatically or when required manually, by utilizing the burn function mentioned earlier.

The rate quoted for acquisition of Clifford Inu coins is 0.25% per hour. This rate is volatile and can be changed as per demand and volume of transaction, if it changes over time.

Features Of Clifford Inu

Clifford Inu has been set an automatic form of true burn which is set at a particular time frame. This is used as a marketing tool for the coin and is its core feature. This feature has been designed to grow the coin by utilizing a minor liquidity percentage from the contract and the pool, and with that purchasing back tokens.

These tokens then are fed back to the chain and this ultimately results in creation of a higher price, in due time after this whole process.

When liquidity is over-saturated, manual burns can be carried out.

Stability

To ensure maximum stability over time, there is a 10% liquidity amount which is deducted from a transaction. This amount goes to a dead address which further makes sure that The Big Red Dog gets stable with time, while a 14% charge is applied on the development side of the coin.

Measures Against Swing Trading

Wallets are not allowed for more than 0.5% of the supply at the time of launch and there would be a 5% increase in fees also to ensure no swing potential trading.

Tokenomics of Clifford Inu

There are two categories when it comes to ‘tokenomics’, the word coined on the Clifford Inu website and description page: Buying taxes and selling taxes. These both are defined as follows:

Buying Taxes

There are three various categories which take up a portion of taxes applied on every transaction of Clifford Inu. These are:

1. Liquidity
2. Marketing
3. Developers’ Fee

As established continuously before and after in this article, liquidity takes up 10% of the chunk while marketing takes 4% and Dev Fee takes up 1%. 

Selling Taxes

The three categories are the same as in Buying Taxes categories. These are:

1. Liquidity
2. Marketing
3. Developers’ Fee

The percentage allocation of each category is different. Liquidity when selling rises up to 14%, marketing takes up 5%, an increase of 1% from the previous category and Developers Fee takes 1%, the same as before.

Incentives

There are also some marketing incentives being applied on the coins. A 4% marketing charge on every buys and a 5% marketing charge on sales of the coin have been implanted to make sure that the Clifford Inu project has more than enough cash flow and reserves to continue its processes.

These processes include procuring investment positions, development opportunities, supporting various charities and other marketing activities for the project.

Security

One thing is for sure when it comes to liquidity and security of The Big Red Dog: liquidity of the contract cannot ever be pulled as the liquidity of the contract has been burnt. Features have been hardcoded in the contract to make sure that the agreement cannot be taken advantage of and not be made a fool of. 

Activities such as limiters placed on percentages for manual burns i.e. 10% on manual burns, price tax increase limit set to a maximum of 25% and the sending of new generated liquidity to a dead address. These not only ensure maximum security but also makes blocking of sellers impossible. 

The said contract has also been audited to ensure maximum user base ease of mind when it comes to its technical details.

Use Case

There has been strong reception when it comes to communities and taxed money being used for corporate social responsibility type of purposes. Members of such communities appreciate the benefits garnered by the use of such collections. 

As such communities grow, it gets harder and harder to stay at the same level and have a noticeable impact on the project. Many initiatives have come up with different strategies, and so has The Big Red Dog.

Solution

Clifford Inu has come up with a unique way to deal with such use cases. The solution applied by Clifford Inu is to use a certain allocation of percentage of taxes which have been acquired to generate new investment opportunities.

These investments will further lead to further investments in assets which yield benefits and generate profits. These profits will be introduced back into the system (Ecosystem) in other forms of incentives and will be used for token price growth, further advancements in development and extensive marketing activities. 

There is another portion of the wallet which is used for books for a children’s charity. 

Final Word

The price quoted for Clifford Inu at the time of writing is $0.000073 USD, which is down 1.12% in the last day or so. Total 24-hour trading volume is of $2,448,579 USD. 

As with any technological initiative and digital token markets, due diligence is needed when deciding upon whether to buy a digital token or not. There are certainly more advancements in Clifford Inu, but investors need to look more deeply into any coin they want to invest, whether in short or long term.