ANTI token includes specific built-in features i.e a token burn mechanism and the automation of some intermediary operations. ANTI token is a Fungible Deflationary Asset (FDA) that doesn’t follow the current Tezos norms, hence its name!

ANTI Token: A Custom Tezos Token (FDA)

ANTI token is a new reward token across the Tezos ecosystem.

It’s an FA1.2 standard with a deflationary mechanism that caters to specific requirements, which in this case, is to introduce intermediary operations with every transaction.

Here is what happens with every ANTI transfer:

a) If you send 100 ANTI tokens to a Tezos wallet address (and not to a contract address), 7% of the transferred token amount is burned while 1% is transferred to the Treasury address. The net receipt is 92 tokens.

b) If 25 tokens are sent to a regular address, 22 tokens will be received, 1 token will be transferred to a burn address,
0 token will be transferred to the treasury address, the 2 tokens left remains with the sender.

Conclusion: The result is always rounded down and the tokens left from the truncation remains with the sender.

This maximizes the impact of burning momentum and foster decentralization by removing manual burning of tokens and punctual transfers to the treasury against every transaction.

The current Tezos FA1.2 standard requires sending tokens to a burn address manually and transferring a specific portion to the treasury, but the FDA automates this process end-to-end.

ANTI token works like any other tokens with most Tezos wallets such as Temple, Kukai, Airgap, and Galleon, except the fees taken out of the transaction will only show in the transaction details and not directly in your wallet.

ANTI Token

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