Whats is Do Your Tip – DYT ?
Deflationary tokens have become prominent within the cryptocurrency community, where the supply is being reduced (via Burning) on each transaction which increases scarcity and also promotes the price value of the tokens in circulation. Deflationary tokens are created as possible intervention to fight the problem of inflation in the cryptocurrency world, as such the coin burning process adopted by deflationary token provides the needed advantage to help the tokens and the blockchain projects survive the cryptocurrency bear market.
DYT (ERC 20 token) is fighting inflation by relentlessly burning their token supply. By its own admission, DYT is more of a social experiment than an attempt at an everyday currency
* DYT is Different – they salvaged a failed deflationary project and are bringing it back to life with a goal to do what every other deflationary currency has failed to do – blow it up!
* DYT is Social – the team behind the project is working and innovating with and for the community. The community is DYT’s gasoline to move on.
* DYT is FUN – the deflationary token has to be used to destroy tokens. Therefore all DYT contest will be on-chain. Tipping and giveaways are off-chain (on Telegram) DYT partners with ParJar Telegram Tip bot and instant wallet. (https://www.parjar.io)
Recently DYT has SWAP and new ETH contract address https://etherscan.io/address/0x740623d2c797b7D8D1EcB98e9b4Afcf99Ec31E14
DYT is listed on TxBit centralized exchange and soon it will be listed on more DEX’s.
Deflationary tokens are also a response to the fact that so many ICOs have FAILED over the last 3 years despite receiving so many investments.
Join DYT TG https://t.me/DoYourTip and you will receive your first DYT’s as welcome bonus .
#BeInformed iHODL 2020