DEF Smart Contract has a tax fee of only 3%. ALL the three percent token fee automatically goes into the Dead Wallet on every transaction. The tokens are not sent to any holder or developer's wallet.
Token Name: Deflationary
Burn Tax on Buy /Sell /Transfer: 3%
Network: BNB, ETH, FTM and POLYGON Chains
WHY NO REWARDS?
Some projects have Token re-Distribution Reward to holders. This reward distribution sends the native tokens back into circulation. If a project does not have a big "Dead" Wallet of over fifty percent, only a very small fraction of token is actually sent to the dead wallet during the DEX trading process. As for DEF, the token fee is lower than most deflationary projects, and all 3% fee goes straight to the Dead wallet and no where else.
DEF is the native utility token for the DEFswap Finance platform. DEF is a true deflationary token with a use case and a goal of creating financial literacy. DEF tokens can also be used to purchase DEF NFTs directly from the NFT store. Converting DEF token into fiat is not required before making online purchases at most retail platforms like Shopify and more. Inflation is a lifetime problem and $DEF has a lifetime deflationary solution.
What is a Deflationary Cryptocurrency?
Deflationary cryptocurrencies are coins or tokens, which the supply deflates or reduces over time. This means, the token value may increase, so long as the demand remains consistent. Binance Coin (BNB) with quarterly burns, is an example of a deflationary cryptocurrency.
The key for a great deflationary cryptocurrency is having a consistent demand to go along with the continued reduction in supply. A consistent demand is generated by a consistent use case or utility, which is driven by a community of users. DEF token has multiple use cases to create ongoing demand into the future.
Federal Reserve (FED) vs. Deflationary (DEF)
FED and DEF are complete opposite. Spell FED backwards and you get DEF
FED has inflationary problem but DEF has a deflationary solution
FED creates Financial Dependency and DEF creates self-custody Financial Independence
COMING SOON DEFpay is your go to wallet for paying with virtual Debit Card worldwide. Easily Pay for your purchases in stores or online. DEFpay will allow for the integration of a virtual Debit Card to be used for everyday transactions. Using DEFpay is as easy as A, B, C. Pay with Crypto without the hassle. COMING SOON
You can start by downloading the DEFpay virtual wallet app. Link will be posted when ready.
After keeping your private key in a very safe place, you can load up your wallet with $DEF tokens and other acceptable cryptocurrencies.
Now you can enjoy the freedom of paying for your everyday purchases with Cryptocurrency
DEFswap is a decentralized exchange (DEX) native to the BNB Chain. It’s similar to Pancakeswap, which allows users to buy and sell tokens without a middleman. Traders pay a fee of around 0.25% per transaction. The majority of the fee (0.20%) goes to liquidity providers and 0.05% goes to the DEFswap treasury.
DEF token cannot be minted. This gives DEFswap an advantage over similar Decentralized Exchanges, which have no hard cap for their native tokens, allowing infinite tokens to be minted. The higher percentage payout by DEFswap to liquidity providers, is also an unmatched advantage to generate users.
✔ Draft Plan Oct. 2022
✔ Form Core Team
✔ Design Logo and Website
✔ Roadmap and Tokenomics
✔ Create Social Media Pages
✔ Create Smart Contract
✔ Introduce Whitepaper
✔ Audit and KYC
✔ Deploy on Multiple Blockchains
✔ Submit Logo for Explorer Update
✔ Company Registration
✔ Intro Videos and Promo Flyers
✔ Launch Website February 2023
✔ Multichain Bridge to Blockchains
✔ Second Security Audit + KYC
✔ List on Crypto Voting Sites
✔ Start Pre-Launch Campaign
✔ Press Release
✔ Add Bridge Liquidity
✔ Lock Tokens
✔ Form Partnerships
✔ IAS Compliant Website
✔ Certified Legal Opinion
✔ Set Listing Price on DEX
Begin CEX Listings
CMC and CG Submission
$DEF Airdrop Events
Launch DEFswap Finance
Add DEF/BNB LP on PancakeSwap
Add DEF/MATIC LP on QuickSwap
Add DEF/ETH LP on UniSwap
Add DEF/FTM LP on Spookyswap
Apply for Hacken.io Audit
25K HODLers Goal
Update Logo on TRUST wallet
DEFpay Wallet Release
Hacken Audit for DEFswap Finance
Submit DEFswap to CMC and CG
DEF Payment Card
List DEF/USDT on DEFswap
Grow User Base Worldwide
Why Should I Trust This Project?
The best thing to do before joining any community or project, is to Do Your Own Research (DYOR). Make sure you understand the project details and take precautions. Don't believe everything you read if there's no action to back it up. Talk is Cheap but Action is Priceless.
Trust is a choice that you make, which is why you should verify. You should only trust your own research. Trust is earned and not given. If you have not done your research on a project, you have no reason to join.
How Secure is this Project?
Security is FIRST in any crypto project. If a smart contract is not secure, the entire project is useless. Even when the contract is secure, the project team can still create damage as bad actors. DEF smart contract already passed the security audit and ranks favorably on multiple smart contract address checker platforms.
Always look for the DEF logo to match with the contract address, and make sure you are interacting with the right token. DEF token is NOT mineable, therefore, no additional tokens will ever be minted.
What Makes DEF Different?
DEF is a true Deflationary token with a real use case. DEF does NOT collect taxes for LP generation or reward distribution. The fee is simple at only three percent (3%), which is instantly and automatically sent to the Dead wallet, and not into a Dev wallet.
This process, makes DEF token truly deflationary compared to others in the space.