
Ordinals Deflation
1. Summary
- Description
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Ordinals Deflation (oDEF) is a crypto project designed to provide holders with passive rewards through static reflection.
Ordinals Deflation (oDEF) is a crypto project designed to provide holders with passive rewards through static reflection.
Goals
The primary objective of the project is to increase the holdings of the burn wallet through a higher number of transactions, ultimately resulting in greater token deflation.
Advantages of Deflationary Tokens
Deflationary tokens like oDEF offer benefits to holders by providing automatic reflection fees. This allows holders to earn passive income without requiring any additional transactions or actions.
Mechanics
Each transfer, buy, or sale within the system incurs a 3% transaction fee. This fee is distributed among all holders, with 1% going to the development team and 1% to the burn wallet. The burn address itself is considered a holder, which means each transaction contributes to supply deflation. Notably, there are no team tokens, with 100% of the tokens allocated to the community.
Balance Calculations
To ensure accurate balance calculations for all holders, the project will develop an indexer capable of querying and computing reflection tokens. If the project achieves widespread adoption, it can collaborate with major marketplaces to integrate the indexer for oDEF.
Price | |
52W High price | $0.000000000200 |
52W High date | 23rd May 2023 (2 years ago) |
All Time High (ATH) Date | 21st Feb 2025 (3 months ago) |
All Time Low (ATL) Date | 21st Feb 2025 (3 months ago) |
Supply & Trading Volume | |
Trading Volume (24h) | $8.00 |
How does Ordinals Deflation's () performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
%
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Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
Reddit Subscribers | |
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Active Reddit Users (past 24h) | |
Discord users | |
Active Discord Users | |
Telegram Users | |
Twitter followers | 1,853 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
Website | https://docs.odef.xyz/ |
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Explorer | https://ordinals.com/inscription/7f9f960a511918784... |
@odef_brc20 |
What is the correct contract address for Ordinals Deflation?
Ordinals | 7f9f960a511918784b86110607672b5fec09b75b8f36f1f2191d264fcacbd1b3i0 |
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Has Ordinals Deflation been audited for security?
No security audits found for this project.
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