The destruction gameplay of GIGGLE is quite interesting.

First, let's talk about trading fees—50% of the fees generated from all GIGGLE trading pairs (including spot and contracts) will be converted into GIGGLE tokens. How will these tokens be handled? They will be split in half: one half will be directly burned, and the other half will be donated to Giggle Academy as an education fund.

More ruthless on-chain transfers. Each GIGGLE transfer will directly deduct 5%: 2.5% is permanently destroyed, and the remaining 2.5% goes into the Giggle Academy wallet. This design is both deflationary and charitable, effectively tying token economics to social value.

However, this high friction transfer tax may not be very friendly to short-term traders.

GIGGLE9.1%

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HashBard

· 1h ago

ngl the deflationary mechanics here read like a well-crafted tragedy—every transfer becomes a minor sacrifice on the altar of scarcity. the poetry's there, but the plot twist? those 5% taxes are basically a short-seller's kryptonite. makes you wonder if this is tokenomics or just organized friction dressed up as community spirit.

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RugResistant

· 12-02 06:58

The 5% transfer tax is a bit harsh, short-term players will have to eat their capital, this design is really both to Be Played for Suckers and to appear noble.

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Web3Educator

· 12-01 22:46

ngl the 5% transfer tax is wild... as I always tell my students, this is fundamentally speaking a deflationary mechanism with serious friction costs attached. let me break this down: you're essentially paying for conviction here, which filters out the degens pretty hard.

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FrogInTheWell