#PitbullToken 5- Does Pitbull Token support burning? Is there manual burning?
The working logic of $PIT is very simple. In each transaction, 2% is distributed to the dead wallet and 2% is distributed to the holders. Thus, while auto-staking is done, it also burns the supply. In addition, since it is the largest holder dead wallet, it gets its share of both burning and distribution. Thus, as transactions increase, the number of dead wallets increases. (The burning will increase.) As for manual burning, such a situation is not possible since there is no access to liquidity. However, this may be the case if volunteers want to do so or if investors want to send the amount they have to the dead wallet when an event is held.
6- Is there any team wallet?
Pitbull does not have any locked wallets, developer wallets or team wallets. Everyone is an investor and everyone can only invest individually (by buying on the market). We only have one donation wallet, and investors can donate any amount they want. We are trying to make our investors happy by using the amount accumulated in this donation wallet in the most appropriate way.
7- How transparent is $PIT?
Transparency is a top priority for the Pitbull team and the community. Every step the project will take is decided by the vote of the entire community. For $PIT, which is one of the rare projects where investors have a say, the Pitbull team plans to evolve the project into a Governance system in the future.
8- How does $PIT Auto-Staking work?
The total supply is 100,000,000,000,000,000, $PIT. 50% of the total supply was initially literally burned into a “black hole” with no return. The maximum limit per transaction is $500,000,000,000,000 PIT.
For each token transaction, 2% is automatically distributed to users holding the token. Thanks to this unique and easy way, users can obtain more tokens by simply holding $PIT in their wallets, without staking or sending tokens on any platform. This also allows you to avoid expenses such as network fees or transaction fees for staking.
#PITBULL🐕🦺