Burn – destroy – BTT every transaction

The Issue

Proposing a deflationary mechanism for BTT (BitTorrent Token), where a certain amount of tokens are burned with each transaction to gradually decrease the overall supply until it reaches 100 million BTT.

This approach aims to create scarcity, potentially boosting the value of each remaining token over time. The success of this model relies on sustained demand, and careful communication and transparency are crucial when implementing such changes in the cryptocurrency ecosystem.

777

The Issue

Proposing a deflationary mechanism for BTT (BitTorrent Token), where a certain amount of tokens are burned with each transaction to gradually decrease the overall supply until it reaches 100 million BTT.

This approach aims to create scarcity, potentially boosting the value of each remaining token over time. The success of this model relies on sustained demand, and careful communication and transparency are crucial when implementing such changes in the cryptocurrency ecosystem.

Petition Updates

Share this petition

Petition created on August 28, 2022