ALLIANCE Token (ALTO)

ALLIANCE Token (ALTO) is a hyper-deflationary asset designed to incentivize holders. Through its asset contract, a certain percentage of assets are burned whenever a sell transaction occurs, making it highly deflationary. The unique feature of ALLIANCE Token is its automatic buyback mechanism triggered after every sale, which increases the asset’s value and encourages holders to keep holding as the price rises. ALTO rewards its holders through static rewards and automatic burns from within the liquidity pool.

ALTO is an integral part of the SPESBaS dApp Ecosystem, which aims to build the world’s first decentralized commerce with blockchain infrastructure. The ecosystem provides a swift, peaceful, and economical system of buying and selling goods and services while leveraging blockchain technology. ALTO grants investors instant rewards on all transactions and protects them with its buyback and burn protocol. It operates on the Binance Smart Chain and can be stored in wallets like Trust Wallet, Metamask, Tokpie, and SPESBaS Purse (SPurse).

With its buyback function, ALTO tokens are repurchased from the market, reducing the number of tokens and causing the price to rise. The tokens bought through buyback are immediately burned, adding free BNB to the liquidity pool. In addition, ALTO holders receive rewards through an “auto-stake” mechanism where 3% of transaction rewards are redistributed to them. ALTO holders can also trade the token in DEX or CEX markets. For more information about ALLIANCE Token and its features, readers can refer to the project’s whitepaper.