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About $JEET
$JEET (ticker: JEET) is a hyper-deflationary cryptocurrency designed to provide passive income through a unique reflection process. The mechanism entails a 0.5% burn fee on both buy and sell transactions, ensuring a decreasing supply over time. Holders benefit from earning eHex rewards derived from Ethereum, with 2.5% of buy transactions and 5% of sell transactions allocated for redistribution. This structure incentivizes long-term holding, where increased network activity can lead to higher rewards for participants.
Another notable feature of $JEET is the Accelerator protocol, which allows users to earn rewards for enhancing the asset’s growth. This decentralized contract functions by utilizing accrued rewards to buy or burn tokens, thereby generating a snowball effect that promotes ongoing buy pressure and maintains liquidity. With significant investments in liquidity and a renounced ownership model, $JEET aims to create a fair ecosystem for all participants, allowing them to engage with the coin without centralized control.
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