How Reflection Token works-Defi

I learned about the reflction token by accident last month when reading the whitepaper of a project. Peering through a keyhole into the web3.0 world appeared to be a humorous voyage for me. I’ve summarized the main points to help you understand how the reflection token works.

Reflecition token Traits

  • a small tax percentage on every transaction
  • Rewards holders by adding new crypto to their wallets.
  • Smart contracts that automatically distribute tokens Defi platform, proportionate

The process instant, transparent, and publicly audited. eg .Safemoon

Burning Mechanism