What is Pyro Network

Article Summary, Automatically Generated By AI

Summary of PYRO Network

  • Launch Date: 01/05/2020
  • Token Type: ERC-20
  • Key Features:

    • Hyper-deflationary life model
    • Staking functionalities
    • In-built burning function of PYRO tokens upon transactions
    • Proportional rewards for staked tokens

Introducing PYRO Network: Empowering a Decentralized Future

Launched on 01/05/2020, PYRO is an ERC-20 token engineered with a hyper-deflationary lifecycle model and staking functionalities. At its core, the concept revolves around an innovative, in-built burning mechanism that systematically eliminates PYRO tokens with each transaction, wherein tokens are transferred from one Ethereum address to another, while proportionally rewarding stakeholders who have locked in their tokens.

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