High Deflation is compatible with Ethereum's blockchain

in #high2 years ago

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High Deflation (HD) is a decentralised finance token on the Binance smart chain. It is a hybrid centralized/decentralized system. The token model can fit into two broad categories: hyperinflationary and anti-inflationary. It aims to decrease supply while increasing demand by reducing its supply. It also has a low transaction cost and is dedicated to serving as an inflation hedge. In addition, it has native dual-chain communication and is optimized for scaling high-performance dApps.The PoSA consensus mechanism was invented by Dr. Gavin Wood. In the first version, PoSA only allowed four nodes. In the second version, it allowed only five. The fourth version introduced the "PoSA Validator" protocol and the "High Deflation Token" token. The developers of the protocol chose a 4-way voting system. The voters have to approve each other's votes.

High uses a proof-of-stake consensus mechanism to eliminate the need for a central authority Its developers have incorporated features for redistribution and in-token burning to create a better ecosystem for users. 3% of all HIGH transactions are redistributed to holders. The idea is that this will generate more economic activity and liquidity in the blockchain.High aims to redefine the concept of decentralized finance. The HIGH token is built with features for redistribution and in-token burning. The 3% of transactions made using HIGH are redistributed to HIGH holders. This allows them to earn passive income. The High Token is also used as a medium of exchange.HIGH is a decentralized finance token with no KYC requirements. Unlike many other cryptocurrencies, the HIGH ecosystem can be used as a trading platform for digital assets. In addition to being a digital asset, HIGH is also an automated market maker on Binance. This means that the HIGH ecosystem has the ability to serve users and provide real-world value.


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The HIGH token is a decentralised finance project that operates on the Binance smart chain

The HIGH is a cryptocurrency with no KYC. It has no minimum or maximum supply and functions by circulating 750,000 CAKE daily. The newly emitted tokens are distributed to Yield farmers and Syrup Pools. Aside from that, it has no miners.A high Deflation smartchain is compatible with Ethereum's blockchain. With a BscScan, it is easy to search for projects on the Binance smart chain. It is the equivalent of Etherscan for the Ethereum blockchain. The Binance Smart Chain also offers faster block times and low fees. With its open source technology, it is easy to develop dapps on the blockchain.Deflation is the negative term in traditional finance and in cryptocurrency. In the former, it refers to a decline in the value of an asset due to overhunting. In contrast, deflationary cryptocurrencies are highly valuable and have a real utility. In fact, they are the only cryptocurrency with real utility. Its prices fluctuate every few minutes.

In Addition

BSC has a high volatility. Its price is based on the amount of transaction fees. It has been able to grow significantly in a short period of time. Its high Deflation will not last forever. The token's price is subject to fluctuations. However, it is a very useful tool for developers. The BSC smartchain is a perfect platform to create DApps.High Deflation is a decentralisation finance token on the Binance smart chain. Its value is determined by the price of a particular asset. Its market cap is $753 million. It can be traded on multiple exchanges and has no centralized exchanges. This makes it a valuable addition to the smart-chain. Besides, the underlying technology of the blockchain is compatible with a number of other types of cryptocurrencies.

Hashtags: #high #gethigh #cryptocurrency #metaverse #deflationary #pulsechain #pulsex #crypto #ethereum #defi #dapps

More Information
Website:https://highdeflation.com
Medium:https://highdeflation.medium.com/
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Author
Bitcointalk Username:Vengeance007
Bitcointalk Profile Link:https://bitcointalk.org/index.php?action=profile;u=2115114;sa=summary
Telegram Username:@vengeance55
BSC Wallet Address:0x45996560527229413c4f5969807EF674d70C2541

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