CatWifHat Burns

Token Burn information for the CatWifHat Project. Tracked by Lunc Metrics!

How Does the CatWifHat Burns Work

The CatWifHat burns operate on a deflationary token mechanism. Each time a transaction occurs, a small percentage of the tokens involved is permanently removed from circulation. This process reduces the total supply of CatWifHat tokens over time, potentially increasing the value of the remaining tokens. The burn mechanism is automated via smart contracts, ensuring transparency and immutability in the process.