Scrolling and searching for new crypto projects, I found this hidden gem.
Tendies (TEND) is an Ethereum-based token that describes itself as a "social experiment", with a strong hyper-deflationary touch.
Since I prefer (by far) deflation over inflation, I liked this project at a first glance!
The goal of hyper-deflation is planned to be achieved by several steps:
- First, 4% of all TEND tokens that are in UniSwap pools are drained, every single day. Anyone can call this draining process and get 1%.
- Of all those drained tokens, 51% are burnt forever, while the remaining 48% of tokens are distributed to the top 50 holders.
Tendies developers are still anonymous, but some rumors pointed out they could be blockchain experts and well-known names in the industry, who would like to make a fun side-project. In fact, Tendies has also called itself the “Dogecoin of the DeFi age".
There is also a collectibles platform for Tendies users at this address: https://www.play.tendies.dev/
TEND tokens can be traded on the most famous decentralized exchange, that is UniSwap.
You can find more info about the project here: https://www.tendies.dev/
TEND max supply is 8,681,986, while its current price is about 0.16$. This makes it very attractive for investors because there is a lot of room to grow.
Tokens with a similar supply like Kusama are over 100% right now.
Yes, I know it looks like a bet...but what isn't gambling nowadays?
