UMIMOON is a hyper deflationary token with tones of use cases for the future. Forever Deflationary supply. UMIMOON is programmed to reward Holders while increasing in value and decreasing in supply. It does this by applying a 10% tax on transactions; 5% goes to Holders, 5% is auto-locked to liquidity.
🪐 Deflationary supply🪐
We burned 93% of the total supply after launch, and sent it to dead address. As this address also participates in the protocol, it accumulates more tokens, effectively removing them from circulation. There is no limit to the burn; the dead address will continue to grow, increasing the scarcity of UMIMOON.
🌠 Why 93% burned? 🌠
This part makes UMIMOON hyper deflationary; the burn address accumulates the most coins during tax distribution decreasing the supply and increasing the value of UMIMOON!