VISTA
No. 901Price
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- Coin Introduction
1. Project Introduction
VISTA is the native currency of DEX, with a capped supply of 1 million tokens. Ethervista is a value-compounding deflationary token. The smart contract of the Ethervista protocol implements an on-chain process in which each coin burning event not only reduces the circulating supply, but also gradually increases the price of the token. This effect is maintained by constantly acquiring and destroying tokens, which are funded by the fees generated by each transaction in the protocol. Therefore, VISTA's mechanism hedges against inflation by linking activity to supply reduction and price growth, enhancing the value of VISTA with each transaction, driving continuous growth and scarcity
2. Token application:
VISTA is a value-compounding deflationary currency.
This means that Ethervista will continuously and automatically purchase and destroy tokens, raising the floor price each time. This is a feature implemented by EthervistaDEX. So far, 2.17% of the total supply has been permanently purchased and destroyed
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