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Why burned about 56% of the supply during genesis? Why not just start with 40T tokens? What is the purpose of this burning? Just to follow the trend these days? Creating tons of tokens and then burn more than half of it for no reason. Anyway, whatever your reasoning is, in time, we will see if this token will truly find its niche in crypto industry.
I believe there is actually a reason for it.
According to the whitepaper:
No one can access this address, however this address is also classified as a regular SAFUYIELD holder and receives a share of each transaction fee(2%), while doing that it reduces the circulating supply of SAFUYIELD tokens.
Which means the initial burn helps with the deflation by automatically increasing the burned supply. (while lowering circulating/available supply).
