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FNGU (Fighter Never Give Up) is based on the characteristics of "openness and transparency" and "collective maintenance". Blockchain technology has laid a solid foundation of "trust" and created a reliable "cooperation" mechanism, which has broad potential Use foreground. The development of blockchain technology originated from Bitcoin, and then various digital currencies came into being.
The biggest difference between FNGU currency and other virtual currencies is that "all of our high-holding currency users are completely randomly generated, and it is also a social experiment. It is a certain luck to buy the number of coins held, we are a real micro-community."
FNGU is a decentralized and extremely deflationary currency based on the Huobi ecological chain. The liquidity mining pool is permanently locked, and the ownership of the smart contract is transferred to the black hole address on the date of issuance.
At present, 51% of FNGU coins have been destroyed, and the remaining 49% are all put into the fund pool. Every transfer transaction on the FNGU chain will deduct 5% of the tax, of which 3% are automatically locked into the fund pool to provide liquidity, and the other 2% are automatically locked into the fund pool. Distributed to all currency holding addresses in real time. When the black hole address accounts for more than 51%, at least 1% of the taxes and fees of each transaction on the chain will be destroyed. On the one hand, this can limit short-term players to a certain extent, on the other hand, it can promote the transaction circulation of virtual currency, and the model is healthier.