Birb — Feature-rich And Usable Crypto

4 min readJun 28, 2021

After the peak of Defi’s hype some time ago, currently Defi is in a slump. It can be seen from the total locked value (TVL) in Defi. TVL of all Defi projects in BSC is down more than 50% to around 13B USD now. The reason is, apart from the downturn in the entire market, there are a lot of Defi projects at BSC out there that are poorly created. They just imitate Pancakeswap without having a good vision for the future. As a result, many projects are created only for a very short term, offering farming and staking with illogical APY just to attract investors. At first glance, it looks tempting, but when early investors take profits and withdraw their investment, the price dump so hard causes irreversible wounds for the project itself and late investors. Many new players lose a lot of money and lose faith in Defi, especially farming and staking projects.

Innovations are made to restore investor confidence in Defi such as frictionless yield where taxes are levied on each transaction to be partially redistributed to holders and partially burned. It became so popular, but now, very bad market conditions have caused activity and transaction volume to drop drastically so that there is not enough tax and this has caused prices to dump.

Both are good breakthroughs in the world of Defi. However, most of the projects that exist today are not good enough to keep investors investing and keep transactions in projects alive. Therefore, Defi currently needs a project with a good and sustainable ecosystem. If there is such a thing, money will continue to flow in and transactions will remain busy so that regardless of market conditions, the project will survive and most likely will not cause losses to investors.

Birb is a Defi project built on the Binance Smart Chain (BSC) that tries to answer the challenges that are happening in the Defi world today. Birb will create a good and sustainable ecosystem to keep investors engaged. By gamifying Defi, Birb will reward its holders in an easy and fun way. Birb will also simplify everything to make Birb easy to use by anyone not only in the Birb ecosystem but in various applications in real life. Birb will achieve this with several products such as the following:

1. Swap

BirbSwap allows users to buy, sell and swap BEP-20 compliant tokens instantly. BirbSwap also has farming and staking features to allow users to earn passive income in BIRB tokens by providing liquidity and staking tokens in available pools. The unique thing is that users do not need to do KYC and can use BirbSwap anonymously.

2. Game Portal

5% of Birb supply on PancakeSwap will be drained daily or every 24 hours. All users can drain the pool by hatching the nest, but only 1 user will successfully hatch the nest to get 1% of the drained tokens. Meanwhile, 48% of the drained tokens will be distributed to the top 250 holders every 3 days and the remaining 51% will be burned.

Birb gaming portal will reward the holder while making the Birb supply decrease, Birb is also a hyper deflationary token.

3. Lottery

Each ticket will cost 1 BIRB and will give the buyer a random combination of 4 numbers where each number will be between 1 and 14. Tickets matching 2 or more numbers in the same order as the winning number will receive a reward, and if all 4 numbers match, it will win 50% of the lottery pool. The winning numbers will be announced every 24 hours.

4. E-commerce Payment

Birb is developing plugins and applications so that BIRB can be used as payment on various e-commerce sites such as Shopify, WooCommerce, PrestaShop, OpenCart, Magento, BigCommerce, and the darknet. By using Birb, sellers will receive payments instantly and will be protected against fake customers or chargebacks. The identity of the buyer and seller is also completely private.

5. Social Sending

Birb holders will be able to easily send BIRB within seconds to anyone via social media platforms including Twitter, Twitch, Whatsapp, Instagram, Facebook, Discord, Tiktok, WeChat, and more.

6. Voting

BIRB holders can participate in voting for upcoming feature and development ideas. To participate, holders must have a minimum balance of 50 BIRB.

7. NFT Market

For artists, artists can open their own shop to sell NFT. Every artwork sold, will be paid immediately to the artist and only charged 1% of each sale. And for buyers, buyers can bid and buy NFTs of stunning artworks instantly after winning bids.

In addition, Birb also has a team of artists to create unique and very limited NFT digital artworks that come with original paintings.