Deflationry Model

Burn every day

ALEXA MEME is a deflationary token based on the 2022 protocol. This means that for each transaction (purchase, sale or transfer) a 0.25% commission is deducted and sent to Solana's zero address, thus implementing the deflationary token model.

Additionally Alexa added liquidity on Raydium and burned LPs with the ability to earn commissions on trading volume. All generated commissions will now be sent daily to token buyback and burned by sending them to a zero address.

This means that every day tokens will be burned and their number will decrease inexorably. The higher the trading volume, the higher the commissions, the stronger the buyback, the more burns and the more deflation!

Even during the Community Minting phase, when tokens are distributed to active traders and NFT holders, there will be deflation as 20% fewer tokens will be distributed than will be burned.

Once the Community Minting allocation is fully distributed, the total supply will have already reached 50M ALEXA, meaning that 62.5% of all tokens will be burned and sent to zero address. From then on, deflation will stop and all commissions generated will be distributed to active members of the Community Minting platform instead of being burned to a zero address. This means that the mechanics of the Community Minting platform will not stop after the distribution of the 50M token allocation, but will continue with an even higher level of excitement.