FNGU (Fighter Never Give Up) is based on features such as "openness and transparency" and "collective maintenance". Blockchain technology has laid a solid foundation of "trust" and created a reliable "cooperation" mechanism, with broad application prospects. The development of blockchain technology originated from Bitcoin, followed by the emergence of various digital currencies.The biggest difference between FNGU coin and other virtual currencies is that "all of our high holding coin users are completely randomly generated, which is also a social experiment. We announce the coin issuance time in advance, and everyone purchases the number of coins at the time point through hand speed and a certain amount of luck. We are a real micro community".FNGU is a decentralized and extreme deflationary currency based on the fire coin ecosystem. The liquidity mining pool is permanently locked, and the ownership of smart contracts is transferred to the black hole address on the day of issuance.At present, 51% of FNGU coins have been destroyed, and the remaining 49% have been placed in the fund pool. Each transfer transaction on the FNGU chain will be subject to a 5% tax deduction, of which 3% will be automatically locked in the fund pool to provide liquidity, and the other 2% will be automatically allocated to all coin holding addresses in real-time. When the proportion of black hole addresses exceeds 51%, at least 1% of the tax on each on chain transaction will be destroyed. On the one hand, this can limit short-term players to a certain extent, and on the other hand, it can promote the trading and circulation of virtual currency, making the model healthier.
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