White Paper - March 2022

About Us

Cryptir is a hyper-deflationary and community-driven token that is deployed on Binance Smart Chain. The token has a 10% tax on every transaction. 5% is used to rewards token holders, 2% is used for liquidity, and 3% is used for marketing. Cryptir allows token holders to receive tokens just for holding $CRYPTIR. The amount that holders receive is proportional to the number of tokens that they hold. So the more you hold, the more you can earn.

The 2% for liquidity is automatically added to the CRYPTIRBNB liquidity pool. So that means the floor price will raise with every transaction and it helps to ensure that there will always be $CRYPTIR for users to buy. How that works is 1% of the tokens meant for liquidity will be sold for BNB and then it will be paired with the other 1% of the tokens. The paired tokens would then be added to the liquidity pool.

To help protect from whales, we feature a 2% max hold and 0.5% max sell. $CRYPTIR is led by a strong and dedicated team that has ambitious plans for the future of the token.

Tokenomics

Each $CRYPTIR transaction is taxed 10% which is split between 5% token reflections, 2% liquidity, and 3% marketing. The total supply of the token is 1,000,000,000 $CRYPTIR.

Why Binance Smart Chain?

Most DeFi applications involve myriads of transactions, which incur transaction fees at every step. For this reason, blockchain fees are an important factor to consider before choosing a blockchain protocol. Currently, the most popular blockchain – Ethereum, has recorded fees over $200 for a single transaction. On top of having lower fees, Binance Smart Chain was specifically designed to enhance scalability in blockchains with high throughput for easy implementation of smart contracts to build scalable decentralized applications.

Binance

Why Decentralization?

Safety: Funds are never transferred to third parties, and users trade directly from their wallets (for example, Uniswap exchange interacts with Meta mask wallet).

Connect with us

Thank you for being a part of our community!

www.cryptir.com