Deflationary Economy and its effects on DeFi

[saggi007]

DeFi is nascent and still a lot of work needs to be done.
This is not to say good things are not happening however people are still losing money in some projects.
This means things can be improved and made better
One such concept is to introduce a Deflationary token plat form into the Defi space.
What this could means is that tokens automatically get destroyed an since there is a limited supply their value increases as more transactions occur.he
here are the details of the project

Token Name: Deflationary Finance
Token Symbol: DeFi
Initial Total Supply: 30,000
Token Characteristics: Deflationary ERC-20 Token
Website: https://deflationary.finance/
https://twitter.com/DeflationaryFin
https://t.me/deflationaryfinance
Token Contract Address:
https://etherscan.io/token/0xa73d6348fbc57913574081868175ba0028f38a47

my erc 20 token address:
0x849eC34c99E2bf6ef7B31421E8c7984c7D4B3fec

[boyptc]

You are getting the description of the deflationary economy then you have a token that's just named after it and defi.

That project won't do good.

[Cratoon]

That's some odd announcement thread 

[Ucy]

Apart from being deflationary, what else can the token do? Can the project do very useful and unique things for users? Is it safe and decentralized?
These^ are some of the things that make tokens valuable to users and attract exchanges willing to list them for free