LTCM

LTCM is a deflationary currency on the BSC network. There will never be more LTCM in circulation than there is now. Every time a transaction takes place with LTCM, 5% of that transaction is “burned” to the locked liquidity. This increases the scarcity of every LTCM in circulation. Additionally, another 5% is distributed among every LTCM holder. What this means is that every time LTCM is used, the value of the remaining LTCM in circulation is increased by simultaneously decreasing the supply (deflation), while also distributing LTCM to everyone using the token. As a result, every single LTCM holder has an incentive to spread the use of LTCM as much as possible. As more transactions take place in the network, the individual net-worth of all who own a piece of the network increases as well.