I am experimenting with developing an Ampleforth clone that, rather than tracking fiat through modifying supply, constantly decreases supply as price falls. In this way, a true deflationary asset is achieved.
Would anyone be interested in this?
You didn't burn 1% of the supply, you burnt way less. Instead of burning 10M you burnt 0.01XAMP
Since its 9 decimals 10M^10^9 needs to be burned which is 2386F26FC10000 in hexa
To fix it, burn 9999999990000000 (2386F26F286980 in hexa)
I'm wondering how he was able to put in so much liquidity on the shitcoin....or is he a whale?