Description
R34P (R34P) is a deflationary token built on the Reflect Finance (RFI) protocol, featuring a unique transaction fee structure. Every transaction incurs a 1% fee redistributed to holders and another 1% sent to a burn wallet, reducing the circulating supply. This model benefits holders by increasing their token balance automatically while diminishing supply, potentially driving token value. R34P leverages RFI's existing framework, adding layers that reward holding and ensure a controlled supply reduction. The project aims to enhance the utility and value of R34P through these mechanisms.
R34P (R34P) is a deflationary token built on the Reflect Finance (RFI) protocol, featuring a unique transaction fee structure. Every transaction incurs a 1% fee redistributed to holders and another 1% sent to a burn wallet, reducing the circulating supply. This model benefits holders by increasing their token balance automatically while diminishing supply, potentially driving token value. R34P leverages RFI's existing framework, adding layers that reward holding and ensure a controlled supply reduction. The project aims to enhance the utility and value of R34P through these mechanisms.
