THE DBS TOKEN

TOKENOMICS

DBS is an ERC20 token on the Ethereum blockchain that utilizes a 1.1.1 tax on every transfer equating to a 3% tax fee.

- A 1% tax is split , half to holders of DBS and half to the LP to ensure sustainable liquidity. -
Half of this tax is a reflection reward for holding tokens and contributing to the project. simply by holding DBS your current position will consistently increase with each swap of DBS

- A 1% tax is autonomously burned forever making the DBS token a deflationary cryptocurrency asset. -

​Every time a transaction takes place with DBS, 1% of that transaction is removed (i.e. "burned")

from the total supply.

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This dramatically increases the scarcity of every DBS token in circulation.

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What this means is that every time a DBS token is used or transferred, the value of the remaining DBS tokens in circulation is increased by permanently decreasing the supply (deflation).

A 1% tax is directed to a "charity wallet" this wallet will be used to aid in the development and backing of our environmentally friendly PoS network. This is not just another blockchain fork, we are building a blockchain truly for the people, every person around the globe to connect them to vendors and marketplaces to ease access to resources many of us take for granted , like food , water , electricity, the DBS team is dedicated not only to creating a ultra fast secure blockchain solution for business, where everyday regular people can become validators at zero cost to them, in change creating the potential of true generational wealth around the globe, but the largest humanitarian project in the world!
   *Upon creation of the genesis block ALL holders of DBS will receive an airdrop and automatically receive a proportionate position on the upcoming PoS network*