Ultraround Money price

CIRCLE

#3938

Ultraround Money - Circle is a pioneering project that redefines the concept of deflationary token systems through its implementation of dynamic burn mechanisms while incentivizing liquidity.

The defining idea behind Ultraround Money - Circle lies in its implementation of a dynamic burn protocol, the Chaos Engine (CE). Designed to react adaptively to Circle’s market performance, the CE modulates its burn rate to ensure optimized responses for volatile market conditions.

Unlike conventional deflationary token systems, Circle does not rely on buy/sell taxes to fuel token burns. Instead, it harnesses rewards claimed through the Circular Burn Loop, generated via the Uniswap v3 LP. This is only possible due to the discounted transaction fees on Base, Coinbase's designated Ethereum Layer 2 that allow it to affordably facilitate and sustain tax-free burns.