
PoNW
Proof of No Work is a new hyper-deflationary cryptocurrency model featuring $PoNW token on the PulseChain blockchain. PoNW is an automatic reflection token that generates yield via a 3% transaction tax, where 1.9% is automatically reflected (redistributed) to existing holders, 1% is burned (permanently removed from circulating supply) & 0.1% is sent to the origin address (OA). The OA also burns 5% of its balance every 24 hours, further increasing the hyper-deflation. HODLing $PoNW earns you both a larger percentage of each reflection reward and a larger percentage holding of the total marketcap with each transaction on-chain.