The main idea behind crypxit is to provide a decentralized transaction network which operates on the Binance smart chain (BSC).
Crypxit is a deflationary token with a moderate circulating supply of 500 million tokens. On each transaction, a tax of 4% will be distributed to the holders, 4% will be added to liquidity and a further 2% will be burnt, hence incentivizing holders to hodl and decreasing the supply overtime.
As the supply decreases, the scarcity of the token increases. This inversely-proportional relationship constitutes a supply and demand model. Furthermore, there is no limit as to how many tokens can be burnt.