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Market Cap:$2.64T-0.99%
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INFERNO

INFERNO

INF
Rank #3012
Community Rating
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$0+5.11%24h
Market Cap
$71.39K
24h Volume
$21.83
Circulating Supply
3.03T
All-Time High
N/A

Price Performance

24 Hours
+5.11%
7 Days
+5.89%
30 Days
+37.52%
1 Year
N/A
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About INFERNO

Built on the Ethereum blockchain, INFERNO is a memefi protocol that combines DeFi innovation with meme culture. Operating as a unique token minting system, INFERNO allows users to burn TitanX tokens and receive INF in return. This process is facilitated through a decentralized and immutable buy-and-burn mechanism, which activates every 288 minutes.

The key technical feature of INFERNO is its use of a capped supply, with a total of 50 billion TitanX required for the initial minting cycle. The protocol also features a 90% buy-and-burn ratio, ensuring that the majority of INF tokens are removed from circulation and burned. This design choice aims to create scarcity and increase the value of remaining INF tokens.

INFERNO's use cases extend beyond mere token speculation, as it provides a unique platform for users to engage with DeFi and meme culture. The protocol's 24-hour minting cycles and user-friendly interface make it accessible to a wide range of users, from seasoned traders to newcomers to the space. As the INFERNO community grows, so does its potential for real-world applications and utility.

The INFERNO team is led by Blaze 3 Labs, a development company that has been actively involved in the project's growth and success. With a strong focus on community engagement and user experience, the team continues to iterate and improve the protocol, ensuring that it remains a leader in the memefi space.

As of its launch on July 26, 2024, INFERNO has already demonstrated significant traction, with over 272 billion INF tokens burned and a growing user base. With its unique blend of DeFi innovation and meme culture, INFERNO is poised to continue its upward trajectory and become a major player in the cryptocurrency market.

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