Deflationary tokens have become quite prominent in the crypto space, and it’s based on the premise of reducing the supply on each transaction to increase scarcity and consequently enhance the price of the token in circulation. Deflationary tokens have largely been compared to stable coins but with better capabilities to combat the problem of volatility and inflation in the crypto space.
That’s a mouth full I know! What it means is that BURNR Token was created to Re-Balance a Deflationary suite of Tokens that can only Increase in Value with every single transaction that takes place! This is done via Audited Smart Contracts on the Immutable Decentralized Ethereum Ledger.
Deflation: 1% burn on every transfer and 1% distributed to holders, total 2% cost on every transfer Additional features: In addition to the 1% burn on every transaction, another 1% is distributed to a random holder in the “heap” – one of the top 512 ASH token holders. Description: The Burn Token’s tertiary token offering […] More