3.2. Daily Smart-Burning of Coins

One of the mechanisms that reduces the circulating supply of DeflationCoin is the Daily Smart-Burning of Coins.

Mechanism Functionality:

Once Wallet A transfers coins to Wallet B, 1% of the received amount is automatically deducted from Wallet B after 24 hours.

  • The only way for Wallet B to avoid this deduction is to transfer the coins into Smart-Staking within 24 hours (details provided in Section 3.4).

  • In Smart-Staking, the coins are protected from deduction and may even grow in quantity thanks to the Smart-Dividends mechanism (details provided in Section 3.5).

Coin Deduction Process:

  • 50% of the deducted coins are sent to a wallet where they are permanently removed from circulation.

  • 50% are sent to a wallet for redistribution as rewards for stakers (details provided in Sections 3.4 and 3.5).

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