Pryz

Pryz

PRYZ
$0.00012648%0.24

Key Metrics

Price$0.00012648
Real Volume (24H)$7.93
MarketcapN/A
Fully Diluted Valuation$126,478
ATH$0.00151576
ATH Date1/29/2022, 12:15:29 PM
ATL$0.00000464
ATL Date9/26/2021, 11:14:34 AM
Circulating SupplyN/A
Total Supply1B
WebsiteN/A
WhitepaperN/A
Popularity RankN/A
Chart
What is Pryz?

PRYZ emerges as a groundbreaking community-driven protocol that offers its holders a distinctive and rewarding experience. With an emphasis on fairness and passive income generation, PRYZ presents an equal opportunity for all holders to set their sights on the ultimate prize. By implementing a transaction fee mechanism, PRYZ ensures that holders are not only rewarded but also contribute to the sustainability of the ecosystem.

At the core of the PRYZ protocol lies a unique fee structure that fuels its innovative rewards system. Each transaction within the PRYZ ecosystem incurs a 5% fee, where 3% is allocated to the Airdrop Wallet, and the remaining 2% is distributed among all PRYZ holders. This distribution allows holders to passively earn income simply by holding PRYZ tokens in their wallets. The Airdrop Wallet, which consistently maintains at least 10% of the token supply, serves as a reservoir for these fees, ensuring a sustainable reward pool for the community.

To ensure transparency and equal opportunity, PRYZ implements a weekly random selection process to determine which holding wallet receives a share of the fees accumulated in the Airdrop Wallet. The PRYZ team proactively communicates the percentage of the wallet distribution prior to each draw, providing clarity and fairness to the community. It is important to note that to be eligible for the airdrop, the winning wallet must have retained its PRYZ tokens from the snapshot to the airdrop period, preventing any manipulation and ensuring a level playing field for all participants.

In its quest for sustainability and scarcity, PRYZ has taken a deflationary approach by burning 5% of the token supply. The Burn Address, which holds the burned tokens, also participates as a holder and receives its proportionate share of the 2% redistribution fee. This deflationary mechanism contributes to the overall reduction of token supply over time, increasing the value and rarity of PRYZ tokens.

The PRYZ protocol not only offers unique rewards but also fosters a strong sense of community and engagement. Through its innovative fee structure and the opportunity to passively earn income, PRYZ incentivizes holders to actively participate and contribute to the growth of the ecosystem. The protocol's community-driven nature ensures that every member has an equal chance to benefit from the rewards and actively shape the future of PRYZ.

As the PRYZ ecosystem evolves, the roadmap includes exciting developments aimed at enhancing the overall experience for holders. The team behind PRYZ is dedicated to expanding the ecosystem's functionality and utility, with plans to introduce additional features and utilities that empower and engage the community. By continuously innovating and adapting to the needs and desires of its users, PRYZ strives to create a vibrant and dynamic ecosystem that rewards its holders while fostering a strong sense of community.

In conclusion, PRYZ stands as a novel community-driven protocol that sets itself apart by offering holders unique rewards and opportunities. Through its transparent and sustainable fee structure, PRYZ ensures that holders are rewarded for their participation and loyalty. The deflationary nature of the token adds scarcity and value to PRYZ, making it an enticing proposition for investors. Join the PRYZ community, seize the opportunity, and embark on a journey of shared rewards and active engagement in a protocol designed to benefit all.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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