InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,460.48
(
-0.41%
)
US TECH 100
19,181.60
(
-0.43%
)
Dow Jones
39,118.86
(
-0.12%
)
Brent Oil
84.85
(
0.00%
)
Bitcoin
60,878.68
(
0.94%
)
Post# of 7761
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

xZx

Send PM Follow Ignore
Followers 1270
Posts 80968
Boards Moderated 4
Alias Born 02/17/2005

xZx

Re: lakers17 post# 1652

Sunday, 05/01/2022 4:16:59 PM

Sunday, May 01, 2022 4:16:59 PM

Post# of 7761
one thing i love about FOOK is the burn wallet is huge. currently 39.4%.

https://bscscan.com/token/0x820671E3647d8aaa22Feab05aaA14AB1665e06e1#balances

and when a transaction occurs, 25% tax means the burn wallet % of each buy or sell gets sent to... the burn wallet.

this means over time, the FOOK burn wallet will be a growing % of the total supply, which means as time goes on, more and more FOOK tokens will disappear.

thus tightening supply way, way up.

it's a really incredible design!

SmartDeFi

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up