SpyritCoin: A Deflationary Utility Token Launched on the Polygon Network.
Dear Colleagues, This time, I'll let you in on a little secret regarding a brand-new digital currency called Spyrit. Blockchain technology needs to be pushed more into the mainstream in order for it to flourish and thrive in the future, I think we can all agree on that. Let's take a look at the Spyrit project's progress in the following paragraphs.
The advent of blockchain technology has propelled us into a new era of financial innovation. It's no surprise that more and more people are becoming interested in computerized monetary standards management. We've never seen anything like this before. Yet the crypto market continues to soar at dizzying heights. The global epidemic was a contributing factor in crypto's recent resurgence.
Some of you may confuse the downfall of traditional money with the rise of digital currencies. For digital currencies, emptying is a benefit rather than a negative. When a resource's cost is reduced due to certain conditions, such over-stamping, the term "emptying" is used. To put it another way, flattening refers to the digital currency's most extreme supply. As private keys are lost and coins become unrecoverable, the supply of BTC will diminish over time. Other forms of digital currency are also deflationary.
As time goes on, the market supply of a deflationary crypto decreases. A low value for this variable indicates that customers or employees of the company will engage in activities that reduce the number of coins on the blockchain. A common way to achieve this goal is to use tokens. The fact that digital money has a finite supply means that it is by definition deflationary. Since the coin's inventory decreases as long as financial backers buy and hold it, they get this status. A great example is Bitcoin, the most powerful crypto currency to date and the king of the market.
What do you know about SpyritCoin
Polygon-based utility coin SpyritCoin was built with two practical principles in mind: recurring tax refunds to investors and acquisition of liquidity.
What is utility?
SpyritCoin's utility will be put to use in the SPYRIT stage. Conventions on the platform allow customers to trade quickly, with auto compound marking, high return farming, and nonstop NFT marking.
What We've Learned
DEFI
In order to guarantee a free streaming business sector, this application relies on the DeFi standard.
DEX
Using the Polygon Network, clients will be able to buy, sell, and exchange their coins and tokens safely.
Span
Transform your Polygon-organized SpyritCoin into a Spyrit Chain.
Settling in and Growing a Farm
Take advantage of homesteads and liquidity pools to get a return on your SpyritCoin or NFT holdings!
Blockchain
A new Layer 1 blockchain convention, the Spyrit Chain focuses on enhancing functionality while also maintaining low gas costs.
MetaVerse
The Spyrit Realm is a unique story-based Metaverse game featuring NFT utility and in-game NFT content. Spyrit Chain-created and transmitted.
Tokenomics
SpyritCoin is the name of the token.
POLYGON is the network name.
ASSURANCE: 5 TRILLION
Ten percent of the fee.
Amount: 5 percent
5 percent of Devidens
Roadmap
2021's Third Quarter
Set up a personal website and social media accounts
A Smart Contract for Sending Tokens
To disseminate V1 of the White Paper,
Smart Contracts for ICO
Q4 of 2021
Invest in dApps
Protocols for Staking and Farming in Foster Communities
NFT Staking Protocol Development
Review and Know Your Customer (KYC)
Send a Smart Contract for Pre-sale
Presentation and Public Relations Efforts
In the first quarter of 2022,
The public debut
Initiate Business Relationships
Websites that List Coins
Make an NFT Archive
DEX Foster Cross Chain
In the second quarter of 2022
Assemble a Game Plan
Spyrit Chains of Spyrit
Bridge of the Cross Chains of Foster
Click on the Following Links for Additional Information:
Website : https://spyritcoin.io/
Whitepaper : https://github.com/spyritcoin/SPYRIT-Paper/blob/main/SPYRIT%20PAPER.pdf
Twitter : https://twitter.com/spyritcoin
Telegram : https://t.me/spyritcoin
GitHub : https://github.com/spyritcoin
DisCord : https://discord.com/invite/xzyeMr3Rbb
Author
Bitcoin username: Sh1rley Dundley Meyer
Bitcoin profile link: https://bitcointalk.org/index.php?action=profile;u=3402609
BSC20 address: 0x5E4897AFD26e7Dc1f53B922A47adE8bbD7FE26C4