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Novoos Mariana Trench

Estimated reading: 1 minute
$NOVO automated burn

A total of 2% of all $NOVO transactions that are traded are burnt in the Mariana trench, it reduces the circulating supply of $NOVO and keeps Novoos stable.

NMT grows in depth at each burn with every transaction, it is an auto-compound and self-fulfilling without any manual burning.

This reduces the circulating supply at a steady rate and provides much needed stability for the $NOVO token over the long term.

This has more benefits, as it is burns on every trade, the value of $NOVO increases too by deflation.

The Novoos Mariana Trench contract can be found below:
TMT – BSC Explorer

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