Pitbull (PIT) is a community-centric meme coin based on the Binance Smart Chain (BSC). The PIT token guarantees passive income to investors through its auto-staking mechanism. The coin has an ambitious roadmap that includes various upcoming blockchain launches, NFT collections, a Pitbull magazine, and a play-to-earn game. In this article, we will explore the different aspects of Pitbull, including its tokenomics, use cases, partnerships, and security measures.
Pitbull's native token, PIT, is a BEP-20 token built on Binance Smart Chain. The coin has a maximum supply of 1,000,000,000,000,000, with over 420 trillion tokens already in circulation. The token's auto-staking mechanism ensures its holders receive passive income for holding PIT in their wallets. Pitbull uses a PoS consensus mechanism with 21 validators elected every 24 hours to secure the BSC network.
Pitbull has established several use cases to enhance its functionality and utility. These include PitFarm, PitSwap, PitStore, PitStop, PitGames, PitCharts, PitFund, and PitTracker. PitFarm allows farmers to earn rewards by staking liquidity pool tokens. PitSwap is a decentralized exchange where users can swap different cryptocurrencies. PitStore is an online marketplace for buying and selling Pitbull merchandise. PitStop is a decentralized platform that enables users to create and manage trading bots. PitGames is a unique gaming innovation designed to reward players with PIT. PitCharts is an analytics platform that tracks the performance of Pitbull and other cryptocurrencies. PitFund is a liquidity pool designed to accumulate funds for project development. PitTracker is a tracking tool that enables users to monitor their PIT tokens and other Binance Smart Chain assets.
Pitbull has established partnerships with charities and DeFi projects. The community has donated to numerous charitable organizations, including the Animal Welfare Institute and the XRP Community Fund. Pitbull has collaborated with numerous DeFi projects, including Safemoon, Elongate, and Hoge Finance, to enhance its functionality and provide more value to its users.
Pitbull places a high priority on security and trust. PIT's smart contract underwent a thorough audit by TechRate to ensure its security, and the team is continuously working on updating and securing its platform to provide maximum safety for its community.