A groundbreaking cryptocurrency designed to revolutionize the concept of tokenomics
Derived from the latin word “libra” meaning balanced. Which is the simplest description of what tokenomics this is. Features automatic burning and reflection which is not dependent on volume instead it comes from a pool for burning and reflections that burns and reflect tokens every fixed period of time. With these mechanics, burning and reflection of tokens is not dependent on volume but dependent on time instead. Keep in mind, with this tokenomics the gas fee is lessened since its automatic reflection and burn that comes from a pool, not from taxes. ’.
- Automatic burn dependent to time not volume
- Automatic reflections dependent to time not volume
- Lesser gas fee unlike normal automatic reflection tokens
- Token holdings of holders grow while total supply is decreasing.
Welcome to the world of Libra, a groundbreaking cryptocurrency designed to revolutionize the concept of tokenomics. Derived from the Latin word "libra," meaning balanced, Libra embodies the essence of equilibrium and fairness in the crypto space. Our project introduces a new tokenomics system that combines automatic supply burn and token reflection to holders, creating a unique ecosystem where the total supply diminishes while holders' portfolios grow.
At Libra, we recognize the need for a more sustainable and inclusive approach to cryptocurrency. Traditional tokenomics often rely on transaction volumes, which can lead to imbalances and favor larger holders over time. In contrast, our innovative tokenomics is not dependent on transaction volume, ensuring a level playing field for all participants.
One key feature of the Libra tokenomics is the automatic supply burn mechanism. With each transaction, a percentage of the tokens is permanently removed from circulation. This burn process reduces the total supply, resulting in a deflationary model that naturally drives the scarcity and value of $LIBRA.
In addition to supply burn, Libra also incorporates a unique token reflection mechanism. Holders of $LIBRA automatically receive a portion of the transaction fees as a reward. This feature ensures that the tokenomics are designed to benefit and incentivize long-term holders, as they continuously accumulate tokens with each transaction made within the Libra ecosystem. As the total supply decreases, holders' token bags grow steadily, promoting a sustainable and balanced growth for all participants.
Libra's tokenomics are designed to foster a thriving community and incentivize long-term engagement. By reducing the supply while rewarding holders, we aim to create an ecosystem that encourages active participation, rewards loyalty, and enhances the overall value of $LIBRA.