🩸REKT Process

The REKT process is one of the core mechanics of Debt that takes place every single day. This system reduces the total supply of $DEBT by 6% every day (1% every 4 hours). Here's how it works:

How It Works:

Every 4 hours, 1% of the token supply is "REKT", meaning that 1% of the circulating supply is effectively removed from the market and lost forever. This means that if you hold $DEBT tokens without staking them, you will lose 6% of your token balance every day.

What Happens During the REKT Process:

• Token Loss: If you do not take action (such as staking), you will lose 6% of your balance daily due to the REKT process.

• Supply Reduction: This daily reduction in the total supply decreases the circulating token supply, which increases scarcity and can contribute to a higher price of the remaining tokens in circulation.

• Price Impact: By continuously reducing the token supply, the REKT process can drive up the price over time. As the available supply shrinks, the value of each remaining token has the potential to rise, benefiting long-term holders and stakers.

Why It’s Beneficial:

• Creates Scarcity: The REKT process creates scarcity, which drives up the price by decreasing the total supply indefinitely.

• Long-Term Value: The more tokens are "rekt," the more valuable the remaining tokens could become, making long-term participation in the platform a potentially rewarding strategy.

The REKT process is designed to be a deflationary mechanism, where only those who stake their tokens or engage with the system can protect their holdings from getting rekt. This encourages people to either lock up their tokens in staking or risk losing them.

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