Mini Saitama is a platform that aims to provide insurance for meme tokens. The platform seeks to help users to recover their losses because of scams. The core principles of Mini Saitama aim to be transparency, security, community, and insurance, which are explained below.
Mini Saitama maintains clear communication with token holders and keeps the users up-to-date with the team's progress. Moreover, the platform aims to offer all the promised features to its users and plans to launch its native token in a stealthy and fair manner. In addition, Mini Saitama seeks to realize a secure and long-term investment along with community growth. And the previous rug of Mini Saitama's token has initiated a relaunch with a new team. The new team's goal aims to secure liquidity. Liquidity is the easy conversion of an asset into traditional currency without impacting the market price.
Furthermore, Mini Saitama is a community-driven platform that seeks to focus on recovering the losses of individuals who have suffered scams. The platform's relaunch empowers the community to bring new ideas for improving the forum. Mini Saitama aims to build a decentralized exchange (DEX) for individuals to exchange their worthless ERC–20 tokens. Besides, the exchange platform by Mini Saitama enables users to revive up to 1 ETH. And the value depends on the user's initial investment value.
The miniSAITAMA is the native token of Mini Saitama. The platform aims to launch the token on Uniswap. According to the litepaper, the platform applies a 10% tax on each transaction. Of the tax, 1.5% is proportionally distributed back to the token holders and 5% is for marketing and moved to the multi-signature team wallet. In addition, 2% of the tax goes to the rug recovery fund. And the platform uses it to realize the utility. And lastly, 1.5% is for the developer. This encourages the developer to keep working hard on the project.