ENGY (TRON)

ENGY is a deflationary token on the TRON blockchain. What makes this token interesting is the backup fund that gives this deflationary token more value and longevity as the coin gets burned. The backup fund is a managed fund that gets seeded by the burning as the coin is moved around. When supply reaches 1mm the burning will stop and the burning fee will be simply transferred to the current holders of the token in proportion to their amount size.

In other words, this is the first token with staking but no freezing process whatsoever.

You can read more on it at their official website.

Personal note

05/11/2019 – Project is dead. The main person behind the project deserted the administration team and took all the funds with it as he was the only person with the PKs. Part of the idea has been picked up by the Guppys team.

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