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.
1% of each transaction, is burned, moving a certain amount to a dead address
7% of every transaction (buy/sell) is sent to hodlers (to recover taxes)
4% of each transaction (buy/sell) is sent to the exchange Liquidity Pool
Total supply is 50 trillion, way less than the majority of the other reflective coins
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.
ALGOL can be purchased on PancakeSwap
Contract address: 0x3DD838c46351c5FD25CE465027ec8C8b10A73AEB