Perpetuum Coin (PRP)
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About Perpetuum Coin
Perpetuum Coin (PRP) is a hyper-deflationary token with a retroactive mining crypto effect. Through its unique tokenomics and system design, Perpetuum ensures an increase in liquidity and a decrease in supply. Whenever investors buy or sell PRP tokens, a 6% contribution is made to purchase mining equipment. These machines produce tokens such as ETH, Kadena, Litecoin, and Dogecoin, and all profits generated are used to buy PRP tokens, which provide liquidity. These acquired PRP tokens are burned, reducing the token supply and increasing the value of each circulating PRP.
Mining in Perpetuum began on January 30, 2022. The profits obtained from mining operations are utilized to buy PRP tokens, resulting in a decrease in supply and a corresponding price increase without relying on new investors. The team continually seeks the most profitable minable coins, currently mining Ethereum, Kadena, and the combination of Litecoin and Dogecoin. Liquidity injection and burning processes are performed manually and randomly within a period of one to five days to prevent speculation.
The Perpetuum ecosystem offers various services and opportunities to earn profit while contributing to the growth of the PRP token. These include the Hash Rent service (PHR), which allows users to rent the mining power of an ASIC by buying NFTs and directing the mining power toward PRP tokens. The ecosystem also introduces the VLT (Volta) token, a deflationary token addressing electricity costs and the environment through photovoltaic panels. The benefits from Volta’s facilities, which are sold to PRP at a lower price than the market rate, further boost the volume of the PRP token. The Perpetuum team is dedicated to continuously expanding and enhancing the ecosystem through stages of development and collaboration.
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