ETERNITY SILVER (SILVER)

SECOND LAYER

SILVER LOGO

Basic Information

Transfer Tax

  • Burn Rate: 90% of transfer tax will be burned immediately

  • Fee Rate: 10% transfer to treasury wallet

  • Total Transfer Tax Rate: 5.5% (set slippage min. 6%)

Emission Rate

  • 1 SILVER / block

  • 2 x 5% emission reductions per day)

Due to Transfer-Tax, Buy-Back, Auto-Burn and Manual Burn, the supply of SILVER will be reduced significantly!

How SILVER MONEY Supply Is Reduced?

1. Reducing Block Emission

By reducing the amount of SILVER generated per block, we slow the inflation. There is an emission reduction, which is reducing the emission by 5% every 12 hours until 0.0/block is reached. This mechanism combined with the transfer tax results in a long-term stable token price.

2. Transfer Tax

SILVER now has a 5.5% transfer tax in each transfer. 5 % is burned directly and the rest 0.5% is sent to the treasury wallet. This deflationary mechanism will help us to reduce the circulating supply of SILVER which will reduce the sell pressure a lot.

Last updated

Was this helpful?