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Pyromatic (PYRO) is a hyper-deflationary token designed to bring a whole new meaning to deflationary tokens in the cryptocurrency market. With every buy and sell transaction, the token experiences a true burn, meaning the tokens are removed from the total supply. This creates scarcity and drives up the value of each PYRO token. As more and more PYRO tokens are burned, the floor price continues to rise, providing potential value for token holders.
Pyromatic has also developed a burn bot that other projects can hire. This burner contract ensures that the tokens from future buy/sell transactions of other projects are burned, contributing to PYRO’s overall scarcity and value. Additionally, the project has introduced staking as a utility for loyal investors. By staking their PYRO tokens, investors can earn more PYRO and benefit from an annual percentage rate (APR) of 33%. With a focus on true burns, staking opportunities, and innovative utilities, Pyromatic aims to offer a unique and valuable investment opportunity in cryptocurrency.
As part of its roadmap, Pyromatic has also introduced Pyro Swap, a platform that enables users to swap tokens from 20+ chains with reduced gas fees. This cross-chain swap feature and the absence of country, IP, or token bans provide a convenient and frictionless trading experience. In addition to the burn bot and Pyro Swap, Pyromatic plans to explore other utilities and enhancements, further contributing to the growth and development of the project.
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