Deflationary Token

A simple Solidity-based deflationary token with a burn-on-transfer mechanism. Every transaction burns a percentage of the transferred amount, reducing the total supply over time.

Features

• Burn on Transfer: A fixed percentage (2%) of the transferred tokens is burned.

• Minting: The owner can mint new tokens.

• No Imports: A simple implementation without any external dependencies.

Smart Contract Overview

This contract includes:

• mint(address to, uint256 amount): Allows the owner to mint new tokens.

• transfer(address to, uint256 amount): Transfers tokens with a 2% burn rate.

How It Works

1. The owner can mint tokens and assign them to an address.

2. When tokens are transferred, 2% of the transferred amount is burned.

3. The total supply decreases with every transfer.

Deployment

1. Compile the contract using Solidity 0.8.0 or later.

2. Deploy the contract on a blockchain network.

3. Call the mint function to allocate tokens.

4. Use the transfer function to send tokens and trigger the burn mechanism.

License

This project is open-source and available for public use. Modify and use it as needed!