STTX
STTX is an innovative financial instrument with a guaranteed minimum value that increases over time. It features advanced tokenomics driven by built-in deflation mechanisms and an ever-rising price floor (detailed in the Burn section), ensuring a baseline value that only grows.
Tokenomics
Max Supply: 73,146,000,000 Distribution: 100% through minting (fair launch) Burn Mechanism: 0.21% of supply is burned every 21 minutes
The burn is triggered whenever a STTX transfer occurs or the rebase()
function is called.
Safe Addresses
To avoid the impact of STTX's time-based burn, users can deposit their STTX into designated safe addresses. At launch, there are only two safe addresses available: the liquidity contract and the veSTTX contract.
Holding STTX in your wallet exposes you to a continuous burn, reducing your STTX amount. To prevent this, either lock your STTX by minting veSTTX or provide liquidity.
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