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DFC
Completed
DEBT FREE CURRENCY
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Dec 30th, 2024
Start Price
$0.1
End Price
$0.1
Symbol
DFC
Total Supply
50,000,000
Currency
DFC
Issuer
rEEso92XqyM3oar4L2oC4fWQsG6oZViA4k
Stages
First FDC batch for sale
Start Date
December 30th, 2023
End Date
December 30th, 2024
Price
$0.1
Description
First FDC batch for sale. Each subsequent batch for sale will contain 10% fewer tokens and will be 15% more expensive than the previous one. DFC (Debt-Free Currency) is a unique cryptocurrency whose total supply matches the U.S. national debt. Unlike traditional cryptocurrencies, DFC's supply decreases over time due to a coin-burning mechanism and the number of DFC token holders. A larger base of token holders will accelerate the burning process.
External Link
DFC, or Debt-Free Currency, is a novel cryptocurrency on the XRPL platform. Its unique feature is that its total supply mirrors the total U.S. national debt, amounting to approximately $33.924 trillion. DFC is designed as a deflationary token, meaning its quantity decreases over time. This deflation is in direct contrast to the inflation rate of the U.S. dollar. Another advantage is the deflation blast along with the growth of the number of holders. That is, the more holders there are, the faster FDCs are burned. The currency is programmed to burn itself gradually, reducing its supply every second. This constant reduction in supply aims to increase the token's value continuously, making it more precious as time progresses. This design presents an innovative approach to currency valuation and scarcity in the crypto market. Burn even your debt with us!
Category
Web3
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