How does SOV Work?

Every time SOV is transferred, a percentage of the transfer amount is burned. This is done at a variable rate that adjusts according to SOV's total supply. There will also be a weekly burn of unclaimed SOV tokens. The initial supply is 1 Billion and the burn rate will start at 0.05%. Over 21 stages it will increase to a peak of 1.25% before decreasing to 0%. At that time, there will only be 21 million tokens remaining and transactions will be free.

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