Dear Hotbit users,
According to the official information from PAMP project team, the project will deduct 8% of transaction fee out of every PAMP transfer for deflation purpose. However, as one of PAMP’s partners, the PAMP address on Hotbit platform is among the whitelisted PAMP addresses. Hence, by withdrawing PAMP from Hotbit, the abovementioned transaction fee will not apply to all Hotbit users.
Please be assured the trade on Hotbit!
PAMP official information：
PAMP is deflationary, meaning that all token transfers have 8% of the transfer burned.
Holders are strongly incentivized to buy tokens and HODL for as long as possible, and are penalized for not doing so. Additionally, being semi-deflationary, the Pamp Network embodies a similar value structure to Bitcoin and Ethereum 2.0 – the system has incentive structures built in that promote holding the token, thereby acting as a proper hedge against inflationary fiat currency. The Pamp Network is secured by a series of smart contracts on the Ethereum network.