Deflationary crypto (or token) means it decreases its market supply as time goes by. Algol is built on the Binance Smart Chain (BSC) network and implements a few innovative strategies to reward holders more than speculative investors.
TOKENO​MICS
Burn
1% of each transaction, is burned, moving a certain amount to a dead address
Reflection
7% of every transaction (buy/sell) is sent to hodlers (to recover taxes)
Liquidity Pool
4% of each transaction (buy/sell) is sent to the exchange Liquidity Pool
Supply
Total supply is 50 trillion, way less than the majority of the other reflective coins
...furthermore 1% is given to charity!
Who's behind the project?
A number of professionals, researchers and programmers are behind this project, but most importantly, this project is community driven. Every investor is part of it.