DEFLATIONARY TOKEN DEVELOPMENT CREATE and MANAGE
your own deflationary token with a burn rate.
WHAT ARE DEFLATIONARY TOKENS?
A deflationary token model is where a particular percentage of tokens are removed from the market each time a token transfer takes place. The process of removing...
Show more...DEFLATIONARY TOKEN DEVELOPMENT CREATE and MANAGE
your own deflationary token with a burn rate.
WHAT ARE DEFLATIONARY TOKENS?
A deflationary token model is where a particular percentage of tokens are removed from the market each time a token transfer takes place. The process of removing these tokens from the market is termed, Burns. The burning of these tokens can be carried out by two different mechanisms as follows:
BUY BACK
A mechanism happens when a project removes a particular amount of its tokens from the market by sending them to a dead address, thus eliminates those tokens permanently. After that, the same project uses its very own funds to repurchase an amount of those burnt tokens and hold them in their wallets.
BURN ON TRANSACTION
A method where a particular amount of tokens from the sender account is decreased and thus led to a decreased supply of tokens in the blockchain. This Burn transaction can be sent by any user who owns a token.
BENEFITS OF DEFLATIONARY TOKENS
- It helps in maintaining a stable price of the token value once listed for trading.
- It increases liquidity as the demand for the assets on the market is higher.
- Due to the minimum supply of tokens, a large scale of investors is attracted towards it.
You can buy Deflationary Token Development using cryptocurrencies: Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Dogecoin, Dash, Tether, XRP, Monero, Ethereum Classic, Zcash, Binance Coin, Tron, Dai, USDC, Shiba Inu, Stellar, DigiByte, Cardano, Bitcoin Gold, Qtum, Binance USD, EOS, Solana, Polygon, Wrapped Bitcoin, Pax Dollar, Polkadot, Bitcoin SV, Chainlink, Gemini Dollar, Decred, Filecoin, Fantom, Bitcoin Lightning Network, Holo, Groestlcoin, XEM, Komodo, Quant, PIVX, Crypto.com Coin.
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