LYCC is a decentralized deflationary currency based on the Huobi Ecosystem Chain, with an issuance of 1,000 trillion tokens. Its liquidity mining pool is locked, and every transfer transaction is taxed at 5%, with 3% returned to the liquidity mining pool, 1% burned, and 1% distributed among all holders. Through automation, it supports DeFi aggregators, cross-chain transactions, decentralized finance, DAPPs, and will later enable mining and DAO governance in financial payments – all fully governed by the community.
The goal of LYCC is to establish a comprehensive DeFi ecosystem that provides users with complete decentralized financial infrastructure. DeFi (Decentralized Finance) is characterized by its core principles of openness, fairness, and interoperability. Since every action on the chain triggers the burn and dividend mechanism, it also has liquidity trading mining features...