Peak Avalanche ($PEAK) is the first deflationary token on the BSC that provides generous yields in AVAX for just holding

Avalanche (AVAX) is a platform for building powerful decentralized applications and custom blockchain implementations. Peak AVAX is a complementary protocol that sits on the Binance Smart Chain that provides a bridge between the two worlds. 

PAVAX token provides users used to being on the BSC passive and generous bonuses in AVAX for just holding. There’s an 8% yield tax on every buy or sell transaction that is proportionally bonused back to Peak AVAX holders every 3 hours. This protects long term holders and discourages short term trainers who think it's just enough to get to base camp. This happens automatically and without having to claim it.

The Peak Avalanche hyper-deflationary protocol also creates value on each transaction. Unlike a burn from non-circulating supply, the buyback immediately transfers value to the token holders and the community by purchasing tokens from the open market to burn.

Future plans include creating more bridges between Peak AVAX and Avalanche in extreme scaling capabilities and fast confirmation times like with the Pangolin automatic market maker. The AVAX platform can handle somewhere in the order of 4,500 transactions per second—compared to around 7 tx/sec for Bitcoin and 14 tx/sec for Ethereum. It's also able to achieve transaction finality in under 3 seconds.

Tokenomics
8% AVAX Yield

8% yield tax on every buy or sell transaction that is proportionally bonused back to Peak AVAX holders every 3 hours. Minimum amount to receive bonuses is 22,000 Peak AVAX tokens
Deflationary

3% tax on each transaction is used for the Peak Avalanche hyper-deflationary protocol which buys and burns from the pool, thus creating a bump on each transaction.
Fair Launch

Like all climbers, we started this at the base of the mountain and we’ll rise together as a group.
Automatic Rewards

There’s no need to claim your rewards. We’re dispersing them into your wallet every 3 hours.
Community Driven

Peak Avalanche is a community driven token. Q4 2022 or sooner, we plan on rolling this into a DAO.
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