Details about Stimmy Protocol cryptocurrency
Stimmy Protocol
stimmy
Unknown for now
€12
1,000,000,000,000,000
0
Unknown
Stimmy Protocol price charts
stimmy exchanges
Stimmy Protocol, the crypto
Stimmy Protocol (STIMMY) is a decentralized finance (DeFi) project that aims to provide stimulus to holders through a unique tokenomic design. It operates on the Ethereum blockchain and was launched in May 2021.
The point
The main point of Stimmy Protocol (STIMMY) is to generate value for its holders through a deflationary mechanism. When STIMMY tokens are transferred, a 10% transaction fee is charged, with 5% being distributed proportionally to all STIMMY holders and the other 5% being added to the liquidity pool.
The problem
Stimmy Protocol (STIMMY) is trying to address the issue of inflation and low-interest rates by providing a stimulus to holders. By imposing a transaction fee and distributing it to all holders, STIMMY incentivizes holding and reduces the supply of tokens, leading to deflation.
Compare STIMMY and BTC performance
| Timeframe | STIMMY | BTC |
|---|---|---|
| 1h change | 0 % | -1.02023 % |
| 24h change | 0 % | -0.759605 % |
| 7 day change | 0 % | -10.8043 % |
| 14 day change | 0 % | -4.58085 % |
| 30 day change | 0 % | -0.0226001 % |
| 200 day change | 6.75 % | 127.053 % |
| Year change | 0 % | 110.219 % |