Lightning Protocol LIGHT

Lightning Protocol is a deflationary and supply elastic protocol in the crypto space. It operates through a dynamic burn rate, which is applied to Buy/Sell orders. Unlike other protocols, it does not have negative rebases and is fully deflationary. Transactions between wallets and those interacting with the future ecosystem are not taxed to ensure usability. Lightning Incubator, a platform that supports new projects in the crypto space, is associated with Lightning Protocol.

Lightning Protocol is unique compared to other cryptocurrencies because it is the first fully deflationary and supply elastic protocol. Unlike other cryptocurrencies, there are no negative rebases in Lightning Protocol, making it fully deflationary. It works through a dynamic burn rate applied to each Buy/Sell order, ensuring its deflationary nature. Additionally, transactions between wallets and transactions that interact with the future ecosystem are not taxed to ensure usability. The protocol also has a maximum supply of 100 million tokens, with a significant portion reserved for long-term use to maintain the health of the Lightning ecosystem. Furthermore, Lightning Protocol offers various incentives, such as the Lightning Trading Competition and Lightning Liquidity Rush, to encourage LP Providers and enhance trading volume. These unique features set Lightning Protocol apart from other cryptocurrencies in the market.