SCHOTEX TOKEN

Schotex Ecosystem is a decentralized global experiment with a clear plan to bring a new dynamic to the world of community-driven tokens by serving through utility & purpose.

The ultimate goal is to create a world governed by the people, that operates in a limitless manner, were every person is prominent in their capacity without limitation from centralize authorities.

Schotex Token is designed to fit perfectly into Schotex Ecosystem as a Governance token which will allow the community to vote on upcoming proposals.

Schotex Token will start as a type of deflationary, community-driven DeFi token that provides passive rewards to holders. bringing new dynamics to the world of community-driven tokens by serving through utility & purpose.

Schotex Token has a strict limit max supply of 152,562,652,400 (one hundred fifty-two billion five hundred sixty-two million six hundred fifty-two thousand four hundred) with no mint function. This means no token can be minted in future. 79% of the max supply will be burnt through a gradual burning mechanism already in the contract to create scarcity in the market and adding more value to schotex token, leaving only 21% of the max supply. Schotex Token Community has the ability to burn tokens as necessary to still reduce the circulating supply from time to time.