deflationary token
A deflationary cryptocurrency token with a built-in burn mechanism, reducing the total supply with every transfer.
Pila tecnológica
Solidity
Descripción
The Deflationary Token is a simple Solidity-based smart contract designed to implement a deflationary token model. It features a burn-on-transfer mechanism, where 1% of every transaction is burned, reducing the overall token supply over time. The contract operates without any external dependencies, ensuring simplicity and ease of deployment. With an initial fixed supply, every transfer decreases the total circulating supply, promoting scarcity and increasing token value with each transaction. This token serves as a straightforward example of how deflationary mechanics can be implemented in Ethereum-based tokens.
Progreso del hackathon
30
Estado de recaudación de fondos
0