[PRESS RELEASE – Malmo, Sweden, 27th April 2022]
Volt Inu, a relatively new project designed to create hyper-deflationary tokens and provide multiple investment services to crypto enthusiasts, is pleased to announce several recent developments in its plans.
Without further ado, let us go through each and every announcement the team shares through their social media accounts.
certificate audit onboarding
the team was happy announcement of That Certik has opened the official onboarding of Volt Inu on its popular platform.
CertiK, a blockchain security pioneer founded in 2018 by professors at Yale and Columbia, uses best-in-class artificial intelligence (AI) technology to protect and monitor blockchain smart contracts and protocols. CertiK aims to keep the cyber world safe and secure.
The purpose of this operation is to provide a guarantee of the team’s commitment and seriousness to the market.
A comprehensive buyback and burn operation
To fulfill its promise of being a hyper-deflationary token, the team was able to provide the market with exciting details. In fact, the project has completed a new buyback operation worth $100,000, with these funds being transferred to a burning token.
The purpose of inducing deflation in a crypto ecosystem is to maintain the price floor of a token in the market to benefit each holder in the project.
New Token Holder Milestone
The team also shared some important news on how the market is reacting to the Volt Inu incident. Notably, the founders revealed that, in just four months, the number of merchants holding the project’s tokens in their wallets reached 40,000 units.
This milestone could undoubtedly represent a validation of the team’s development strategy, and it will help build the Volt Inu into a sustainable ecosystem. A major investor base could reduce the impact of a single “whale” in the project’s future, with the Volt Inu’s ultimate advantage in decentralization.
What’s next for the Volt Inu?
Last but not least, the team explained that it will be using EverOne to close its smart contract ownership. Using weighted votes, EverOne is the first smart contract locker of its kind, offering a win-win scenario for both the projects and the communities that support them.
Only community votes will be entitled to make changes to the project’s ecosystem, creating a fundamental step towards decentralization of Volt Inu.
Volt Inu. About this
Hyper-deflationary currency VOLT uses the BNB chain and Ethereum to reach its community. In addition to stablecoins, the initiative seeks to encourage investment in NFTs, nodes and altcoins, among other assets.
To ensure the project’s long-term viability in a rapidly changing market, the VOLT smart contract has recently been updated.
The website and social media pages listed below will provide further updates on the progress of the project.
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