With easy access to blockchain technology and its many sub-components and use-cases, token development, crypto startups are creating their own crypto assets or tokens and using traditional economic principles to plan their new blockchain economy and management of token value. Due to this, the market becomes crowded and there are thousands of cryptocurrencies that have their own value and purpose.
However, almost all token models usually fall into one of two categories: inflationary and deflationary. To understand the Hyper Deflationary Tokens, which is a very important term in the case of panKUKU, you need to understand the difference between both.
Inflationary Token Model
This type of token is printed continuously and you can create an infinite amount of tokens continuously. However, there are several variations on the inflation token model, some impose a limitation on the annual token generation, and others are based on a perpetually set schedule.
This model is almost the same as fiat currency, but inflation tokens are more efficient and transparent because of the decentralized mechanism and community. Here, instead of a centralized entity, the community defines the token model.
The deflationary Token Model was introduced to overcome some of the problems of an inflationary token model.
Deflationary token model
If the total circulating token supply gets decreases to a predetermined amount, then it can be called a deflationary token. This decrease in the supply of tokens can be met in ways like buybacks and token burns. The main advantage of tokens with this model is that they restrict the market from swamping too many tokens as token creators create, mine, or sell, more tokens.
In this model, a fixed number of tokens will be minted, and the limit will never change to more. This creates a deflationary currency, so if demand increases, supply will not, and value will rise automatically.
Hyper-Deflationary Tokens
Hyper-deflationary tokens are built to be highly deflationary. This feature is accomplished through a token contract by burning a specific percentage of tokens on each transfer.
It is almost similar to deflationary tokens but burns a large number of tokens. Also, there is no specific measure of the difference between it and deflation.
The crypto market is seeing the rise of a new trend and new model of tokenomics. With the increase in demand, projects are considering hyper-deflationary token mechanisms to incentivize their token holders.
panKUKU — A highly deflationary rewards token
panKUKU (token ticker: KUKU) is a hyper-deflationary reward token. KUKU is the first Suriname Token operating on Binance Smart Chain (BSC) that is based on BEP20 protocol. It may seem inspired by pancake swaps, but it has a better plan for the future, and it will soon become a much larger project and product offering than any other decentralized exchange (DEX) in the market.
When it comes to unique products and services which make us diverse from other DEX’s then here are the noted points to make you understand -
- When it is about new tokens there will be no minting.
- You will found Anti — Whale Function in our product.
- There is a superb Burn System ( automated & manual).
- There is an automated reward for holders.
- It has a high-level security infrastructure.
- A utility token to pay on our own Webshop.
- There would be an ecosystem with expensive functions and products.
While, this Pankuku platform has made the everlasting crypto Ecosystem by providing and assuring Dedication, Trust, and Quality. Also, the intention is to provide a Structural Social-Economic in Suriname and the Region. Additionally, it is aimed to contribute to crypto awareness and push the boundaries of cryptocurrencies as an option of payment in-store and online. And in the future, it aimed to achieve the biggest and most secured Decentralized Crypto Exchange.
The reason behind calling it Hyper has automatically rewarded holders whereas Deflationary is because we don’t mint new tokens and thus we burn extensively. This Pankuku (KUKU) is known as Utility Token used on our own Webshop.
Read Also: What are Hyper Deflationary Tokens?
The Exchange
The best Exchange on Binance Smart Chain are Trade, quickly swap crypto tokens where no registration or account is required, Low fees, and Running on Binance Smart Chain (BSC) has the massive benefit in order of lowest transaction costs.
Decentralized Finance
For the process, just connect your wallet, start working, and disconnect, it is as simple as that. We aren’t there to hold your funds; you have 100% full ownership of your crypto. We have all the advanced Security. You can enjoy the simple mind knowing our DEX has the best Security available, and the Binance Smart Chain network has been evaluated across the world for its outstanding Blockchain.
- Twitter: https://twitter.com/pankukuofficial
- Telegram group: https://t.me/pankuku
- Instagram: https://www.instagram.com/pankuku_official/
- Facebook: https://www.facebook.com/pankuku/
- Linkedin: https://www.linkedin.com/company/pankuku
- Reddit: https://www.reddit.com/r/pankuku_official/
- Discord: https://discord.gg/ucGSzSp4C3
- Medium: https://medium.com/@pankuku
- YouTube: https://www.youtube.com/channel/UCWgyzUllqx2XuAPXy_t6xXw
- Github: https://github.com/Prosolsu
- Learn more about PanKuku: https://pankuku.net/
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