Quote from: roox911 on July 21, 2019, 07:38:09 AM

Website: (coming soon)
Coin name: Stak Sats (SATS)
Coin type: Variable-Deflationary
Initial supply: 21 million Tokens
Burn rate: Variable with a 0% burn at 2.1 million.

STAK SATS is the latest token to test the feasibility of a deflationary currency!

You can think of this project as a baby Bitcoin, only deflationary. It will begin where Bitcoin ends, at 21M tokens.

Each time SATS are transferred, a percentage of the transaction is destroyed. There is a variable burn rate with the project. Initially the burn is a relatively high 5%, but as scarcity increases, the burn mechanism will reduce, all the way down to 2%, and finally 0% burn at 2.1 million tokens.

The key feature of STAK SATS is that it will have a floor. A possible major design flaw of other deflationary tokens, is that when you get down to the end of the supply eventually there will be someone or a group of people holding the bag as there may be no more buyers. Eventually it will self destruct. STAK SATS is different! It will burn 90% down to 2.1M - once this limit is hit, the burn will stop, and 2.1M will remain in circulation and the laws of supply and demand will determine the future price.

SATS Token Distribution - 21,000,000
16,750,000 Airdrop (80%)
4,250,000 Dev Ecosystem (20%)

Burn Rate
At or Above 19 Mil tokens - 5%
At or Above 15 Mil tokens - 4%
At or Above 13 Mil tokens - 3%
At or Above 2.1 Mil tokens - 2%
Below 2.1 Mil tokens - 0%

TELEGRAM ANNOUNCEMENT CHANNEL
https://t.me/Stak_Sats_Official

TELEGRAM DISCUSSION CHANNEL
https://t.me/staksatschat

FOLLOW US ON TWITTER
https://twitter.com/Staksats

ETHERSCAN
https://etherscan.io/token/0xa549f4b97471a901ad2d5467cc9bf7d0033458ed#balances

AIRDROP ONGOING - ends on July 31

TELEGRAM AIRDROP
MESSAGE @Staksatsbot TO EARN TOKENS