Habit 🍃🐉
@habitforming
“Reflection coins” (or reflect tokens) are a type of cryptocurrency that automatically distribute a portion of transaction fees back to existing holders. The idea is to reward holders simply for holding the token—kind of like earning dividends. How It Works: Whenever someone buys, sells, or transfers the token: 1. A small fee (e.g., 5-10%) is taken from the transaction. 2. Part of that fee is redistributed proportionally to all existing holders. 3. Sometimes, the fee is also split into other purposes like: • Liquidity pools (to stabilize price) • Marketing or development funds • Burn wallets (to reduce total supply over time) Key Features: • Passive rewards: You earn more tokens without doing anything. • Encourages holding: Frequent trading is discouraged due to transaction fees. • Community-driven: Often tied to community engagement or meme culture. Examples: • SafeMoon From ChatGPT
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Tobyllionaire
@tobyllionaire
"Examples: oof coin" lol
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