Smart Inu SINU Burn Info
Yep so 1% of all transactions are reflected back to holders. The dead wallet holds 57.03% (and growing). Due to this, the dead wallet takes in 57.3% of all reflections, or .573% of all transactions. This is actually how all hyper-deflationary tokens burn. As the burn wallet grows, so does the amount of tokens burned on every transaction.
100k volume would burn $573 worth of SINU. If we assume equal buy & sell and the price stays the same, that would be about 600m SINU currently, or .06% of supply. Take it up to 1m volume and we're talking .6% of supply- though with that kind of volume the price will surely make that number change.
For every token burned, the asset-backing goes up automatically! Not only do 3% of all transactions go to asset-backing, but all burned tokens redistribute their backed assets to the remainder of the circulating supply!
Hope that helps answer it :)
