Good morning #binancers , I will introduce a project to you, recently listed on Binance alpha
(ETHERVISTA) (VISTA)
1. Project Introduction
VISTA is the native currency of the DEX, with a limited supply of 1 million tokens. Ethervista is a deflationary value-composing token. The Ethervista protocol smart contract implements an on-chain process in which each coin burn event not only reduces the circulating supply, but also gradually increases the price of the token. This effect is maintained by the constant acquisition and destruction of tokens, which are funded by the fees generated by each transaction in the protocol. Therefore, the VISTA mechanism protects against inflation by tying activity to supply reduction and price growth, increasing the value of VISTA with each transaction, driving continuous growth and scarcity
2. Token Application:
VISTA is a deflationary value-composing coin.
This means that Ethervista will continuously and automatically buy and burn tokens, increasing the minimum price each time. This is a feature implemented by EthervistaDEX. So far, 2.17% of the total supply has been permanently bought and burned.