The first layer of automatic re-establishment of the Vulcan blockchain is set for release in the first quarter of 2023

Vulcan Blockchain has just announced its version The Autorebasing Layer 1 protocol will be launched in the first quarter of 2023. The protocol, which has been in development for some time, aims to balance supply-side issues affecting market stability.

In this spirit, the core key feature of the Vulcan Blockchain is its automatic re-establishment mechanism, which adjusts the circulating supply by $VUL (the original coin) every 15 minutes.

Vulcan, named after the god of fire and forging, has a unique blockchain technology that has never been seen before. Auto Refound is a unique feature that allows the blockchain to automatically adjust its supply of coins in circulation.

This can be an important tool in maintaining the stability and value of the domestic currency over time, as well as providing more predictable and transparent monetary policy.

the Vulcan Blockchain It is also auto-pool, which means that as a holder of VUL Dollars, your ownership of the coins increases with each epoch.

“In addition to providing stability, an automatic re-establishment blockchain can also help provide greater transparency and predictability.”

He said Jason Mathison, Vulcan COO.

“By clearly describing the rules and conditions under which the supply of tokens will be adjusted, an auto-based blockchain can provide users and investors with a better understanding of the network’s monetary policy. This can help increase confidence in the network, making it more attractive to users and investors.” he added.

To add to the auto-refoundation and auto-double features, Vulcan Blockchain also has a unique burn-in mechanism known as the “Fire Pit” (blank address).

80% of all transaction fees on the network are automatically sent to the Fire Pit, which is completely inaccessible and burns coins from the circulating supply forever.

This feature makes $VUL hyperinflationary and a reliable store of value for cryptocurrency over time.

The combination of these features and a commitment to decentralization makes Vulcan Blockchain the ideal platform for DeFi applications.

Whether you are a user, developer or investor, you are welcome to join Vulcan Network On this exciting journey and become a part of the future of DeFi.

About Vulcan Blockchain

Vulcan Blockchain is the first blockchain with a built-in automatic re-establishment mechanism, which adjusts the circulating supply by $VUL (the original coin) every 15 minutes. The Vulcan Blockchain is also Auto-Compounding, which means that as a holder of VUL$, your ownership of the coins increases with each epoch.

The combination of these features and a commitment to decentralization makes Vulcan Blockchain the ideal platform for DeFi applications.

Media contact:

Adrian Bunty

[email protected]

Disclaimer: This is a paid post and should not be taken as news/advice.

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