Connect to your Metamask wallet using the correct chain associated with the token you want to send. If you are on the wrong page, you will be notified to use the correct tool related to the suitable chain.
Enter the token contract address from which you will send the tokens and fetch the information. Follow the same format to avoid errors that may occur. Limit distribution to a maximum of 500 addresses.
Copy and paste the destination wallet address(s) with the number of tokens to send and then parse. Enter the total amount of tokens you will send and then approve of allowing your wallet to interact with the contract.
What is a Deflationary Token?
A deflationary token is a cryptocurrency token, usually built on a blockchain network, that has a programmed reduction in its supply over time. The idea is to create a deflationary currency, which has the potential to increase its value due to the scarcity of coins.
Deflationary tokens are designed to counter the effects of inflation, which is a decrease in the purchasing power of a currency due to an increase in the supply of money. By capping the total supply of a token, and reducing the amount of coins in circulation, the token is designed to increase in value as the demand increases.
A deflationary token works by having a "burn" mechanism that destroys coins when they are transferred. For example, a popular mechanism called "Bulk Token Sender" works by having a sender send a set number of tokens to a recipient, and then automatically burning an equivalent amount of tokens from the sender's wallet. This reduces the total supply of tokens and increases the value of the remaining tokens.
There are many potential uses for deflationary tokens, from airdrops and rewards for community engagement, to incentives for investors, fractional ownership, staking rewards, bonuses for early adopters, lottery-style giveaways, collector incentives, affiliate marketing, cross-promotion, liquidity provision, governance voting, crowdfunding rewards, and gaming rewards.
Deflationary tokens present an interesting opportunity for investors, especially those looking for a way to hedge against inflation. However, it's important to understand the risks associated with investing in any cryptocurrency, and to do your own research before investing.
In summary, deflationary tokens are a type of cryptocurrency token designed to counter the effects of inflation. They are programmed to reduce their total supply over time, and they can be used for a variety of purposes, from airdrops and rewards for community engagement, to incentives for investors, fractional ownership, staking rewards, bonuses for early adopters, lottery-style giveaways, collector incentives, affiliate marketing, cross-promotion, liquidity provision, governance voting, crowdfunding rewards, and gaming rewards. It's important to understand the risks associated with investing in any cryptocurrency, and to do your own research before investing. bulk token sender, bulk token, token sender, what is a deflationary token, deflationary token bulk token sender, bulk token, token sender, what is a deflationary token, deflationary token bulk token sender, bulk token, token sender, what is a deflationary token, deflationary token bulk token sender, bulk token, token sender, what is a deflationary token, deflationary token
Binance : 0.15 BNB per 500
Ethereum : 0.03 ETH per 500
Polygon : 100 MATIC per 500
Avalanche : 3 AVAX per 500
Fantom : 125 FTM per 500
Cronos : 200 CRO per 500