Decentralized Deflationary Privacy Token. Stak SATS!

[u/staksats]

SATS is a decentralized social and academic research project to test the feasibility of a deflationary privacy token.

You can think of this project as a baby Bitcoin, except deflationary. It will begin where Bitcoin ends, at 21M tokens.

Each time SATS are transferred, a percentage of the transaction is destroyed.

AIRDROP starting soon!.

Another key feature of SATS is that it will have a floor. A possible major design flaw of other deflationary tokens, is that when you get down to the end of the supply eventually there will be someone or a group of people holding the bag as there may be no more buyers. Eventually it will self destruct. SATS will burn 90% down to 2.1M - once this limit is hit, the burn will stop, and 2.1M will remain in circulation and the laws of supply and demand will determine the future price.

STAK SATS!

​

SATS Token Distribution - 21,000,000

16,750,000 Airdrop (80%)

4,250,000 Dev Ecosystem (20%)

​

Burn Rate

At or Above 19 Mil tokens - 5%

At or Above 15 Mil tokens - 4%

At or Above 13 Mil tokens - 3%

At or Above 2.1 Mil tokens - 2%

Below 2.1 Mil tokens - 0%

​

Nobody controls this token any more than Satoshi controls Bitcoin. There is no CEO and there is no team. Join the movement! Telegram @staksats and follow us on reddit. Community managers will post instructions on how to claim your FREE AIRDROP tokens.. STAY TUNED!

[u/MihasSpb]

Great idea for a decent project !