STT's Deflationary Economic Model and Fair Launch Model

Statter Network adopts a mining method similar to Bitcoin, with the mainnet currency STT entirely relying on mining output, no pre-mining, no reservations, and no airdrops. This is essentially the same as the fair launch platform of meme coins, where everyone has a fair opportunity to acquire chips.

Moreover, STT possesses deflationary attributes; the economic model of STT is deflationary, with block rewards decreasing by 25% every 12 months and 50% over two years, while Bitcoin decreases by about 50% every four years. In June of this year, STT triggered its first halving. According to the halving cycle bullish theory of Bitcoin, STT is also bound to enter its first bull market cycle, a basic consensus ingrained in the trading genes of crypto users, which has created a halving halo effect for STT.

It is also worth mentioning that when the mainnet of STT launched, a burning mechanism was simultaneously initiated, with a burning cap of 90%, meaning that ultimately only 10% of STT will be retained, while the rest will be destroyed. For the DePIN track, this is more likely to attract the trust and attention of long-term investors.