Since users can enjoy the benefits of Samecoin being distributed as a reward, the system requires some deflation to reduce the number of Samecoins distributed and continue to keep its value growing.
That means that half of the Samecoin amount taken in transaction fees on SamePay is added to the burned wallet. The samecoins in the burned wallet are destroyed once per quarter. The remaining fees go to the company that runs SamePay, which can also choose to burn it, or can decide to withhold or redistribute.
By burning at least half the amount of Samecoin taken in cost each quarter, deflation is ensured which will increase the residual value of the outstanding Samecoin.
The rewards that users like Keith get for minting and staking their Samecoin will also be halved every 6 months. Again, the increasing rarity of Samecoin and making tokens take longer to reach maximum supply. All of these features of the Samecoin system are designed to ensure the value of the token continues to increase, and make the benefits for early adopters like Keith even more tangible. If you are like Keith and want to enjoy these benefits, then now might be a good time to get into Samecoin.
For more information
WEBSITE: https://samecoin.com/
MEDIUM : https://medium.com/samecoin
TELEGRAM GROUP: https://t.me/Samecoin
FACEBOOK :https://www.facebook.com/SamecoinCom
INSTAGRAM: https://www.instagram.com/samecoinofficial/
TWITTER: https://twitter.com/SamecoinCom
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=731808
BSC wallet: 0xb951E5E651bC2f17C9A1639c22F293d5950DC62B
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