0x611a2f79f7a458fb3184e6523fba8895854ef9b2 17 June 2022
Total supply: ~ SHIST
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What is ShibUST?
ShibUST kills Terra with a hyper-deflationary token backed by air and is capable of maintaining steady rewards using its token redistribution and buyback contract. ShibUST rewards users for holding tokens. With the ShibUST contract, a fee on every transaction is collected to fund the buybacks. When ShibUST tokens are bought back from the open market, they are immediately burned. This mechanism helps to limit the token supply and increase the price and the demand. We don’t need to be backed by the fucking dollar.