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Cryptocurrencies: 23219
Exchanges: 112
Market Cap: $$2.91T
24h Vol: $73.25B
Dominance: BTC: 64.3% ETH: 7.5%
ETH Gas: 29 Gwei
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Momentum is a dynamically deflationary token. Most deflationary tokens decrease by the same constant percentage every transfer. Momentum takes a more dynamic approach to calculating transfer fees, where two important values are: Short Momentum and Long Momentum - these values affect token transfer fees. These values are analogous to traditional moving averages of the transfer scale. When Short Momentum approaches Long Momentum, a transfer fee of 0.75% is incurred. As short momentum moves further away from long momentum, instability fees of 0.75% to about 4% are incurred. These two momentum values are regularly updated on the main page and can also be queried through callable functions in the smart contract.