LILSHIB, a new Ethereum-based meme token, has officially launched its public presale at a fixed price of $0.0002 per token. The project distinguishes itself with an immediate 10% cashback reward for every successful referral, split between 5% paid in LILSHIB tokens and 5% paid in liquid crypto assets like ETH, USDT, or USDC. This structure aims to provide tangible value beyond typical token-only incentives.
The presale has already seen strong early traction, with more than 82,741.455 tokens sold, raising over $16,548.291 at the time of reporting. The total presale allocation is 55 billion tokens, representing 50% of the fixed total supply of 110 billion LILSHIB. The presale is accessible via Ethereum-compatible wallets like MetaMask, WalletConnect, or Coinbase Wallet, allowing purchases directly with ETH, USDT, or USDC.
The project's roadmap outlines a multi-phase development plan. The initial "Birth" phase focuses on community building, DEX launch, meme competitions, and listings on CoinGecko and CoinMarketCap. Subsequent phases plan to introduce staking rewards, an NFT drop, DeFi features like yield farming and lending, and ultimately aim for a proprietary Layer 2 chain and major centralized exchange (CEX) listings.
LILSHIB employs a deflationary tokenomics model. This includes an initial burn of 5.5 billion tokens and a mechanism where 50% of protocol revenue is used to buy and burn tokens from the open market. The supply is allocated as follows: 50% to presale, 20% to staking rewards, 5% to the referral program, with the remainder for liquidity, marketing, and buybacks. The team has set a presale fundraising goal of $11 million.