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USE

USE is a deflationary token launched with approximately 707 million tokens in circulation. Instead of relying on a burn wallet, tokens are completely removed from circulation when USE is burned.

USE has a static 3% token tax that is imposed on all buys, sells, and transfers on the Harmony (ONE) network. Of this tax, 1/3 is used for token marketing, 1/3 is used for on-chain rewards, and 1/3 is sent to the decentralized Furnace protocol. Based on the health of the liquidity, the Furnace will either pair liquidity, buyback, and/or burn — making USE the first token with a decentralized, auto-stabilizing protocol to manage its liquidity pool.

USE tokens bridged to other networks have the symbol 1USE and do not incur taxation (0% tax).

USE originally started as a meme token, but was salvaged by the community and relaunched to provide utility for a decentralized ranking platform. David Wyly was elected community leader, and founded Useless Crypto, LLC to help govern the global community-led project and manage multi-signature cryptoassets.

Over time, the project team grew to a global network of more than 60 volunteer staff and moderators.

The six directors of Useless Crypto, LLC are multi-signature safe keyholders, where 4/6 signatures are required to facilitate a transaction. Notably:

• David Wyly, 15 years in Software Engineering and Engineering Management.
• Lance Badger, 15 years in DevOps Engineering and Systems Architecture.
• Amir Arafat, 12 years in UI Engineering and Mobile App Architecture.
• Jackie Dutton, 6 years in Content Creation and Television.
• Joseph Andrews, 7 years in Software Engineering and Product Management.
• Stefan Alexandrov, 5 years in Macroeconomic Research and Finance.

You can purchase USE easily on the AllForOne App by Useless Crypto.

USE is available for trading on a growing number of decentralized exchanges, with Binance Smart Chain (BSC) pairings on PancakeSwap and Harmony (ONE) pairings on Hermes and FoxSwap.

The token is also available on BitMart.