SitKoin is first Hyper-Deflational token to serve as utility token. SIT has a 5% burn rate and a 200 million supply. Whenever a transaction happens on the blockchain 5% of the Sitkoin is burned and cannot be restored, also a fixed supply of SitKoin ios mined in genesis and no new coins can be printed. This automatically increases the value of existing Sitkoin whenever a transaction happens on the blockchain.
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