At its core, TRIPLX consists of a deflationary token where 4% of the total transaction amount burns after every transaction. What results in a higher slippage when buying and selling on Uniswap.
Example: Min. Slippage is 4.1% what is equal to 0.1%.
At its foundation, a staged burn function that will burn 2% – 10% of every transaction is coded into our token smart contract. You find details below. In that way we burn automatically whenever a user conducts a deal and create an increasing demand .
At TRIPLX’s outset, we didn’t intend to be an unidentified unit as our philosophy has at all times been about trust and transparency in the crypto market. Unfortunately, regulations surrounding the Decentralized Finance space are not yet evident in all jurisdictions, which has prompted us to seek legal opinions on how we can safely reveal our identities. Making our identities known is essential for the community and vital for us. It would give us a further advantage over several of our competitors when doing business with exchanges and new partnerships, but all jurisdictions in the space don’t allow us to act accordingly.
Q3 2020
Q4 2020
