Solita Token is a deflationary token that burns SOLT with each buy and sells transaction. The Solita token rewards hodlers with a 2% transaction fee that is shared with the whole SOLT community.
Solita is a promising token because it is envisioned to be the first decentralized token backed by the community and also has the potential to become a Top 100 token in the cryptocurrency industry.
What exactly is Solita?
Solita is a BEP-20 token launched on the Binance Smart Chain Network that was created to reward investors and the token community with large portfolios with static SOLT incentives on every transaction. The term ‘Solita’ was coined from the Italian word “Salita,” which means “rise,” which is precisely the concept for which Salita was developed.
What are the characteristics of the Solita token?
The Solita coin has several unique factors that will lead to the token’s success, including the following:
1. Auto Burning: With the Solita Token’s auto burn feature, each transaction is taxed at 5%, 2% is redistributed to Solita token holders, and 3% of the Solita token is burned to create liquidity.
2. Auto Liquidity: Solita Token utilizes 3% of total fees to add liquidity to Pancakeswap, thereby increasing and stabilizing liquidity in perpetuity.
3. Wallet Reflection: The Solita token smart contract provides static reflections of 2% tax fees to token hodlers. Thus increasing the value of an investor’s portfolio.