Sign In  |  Register  |  About Burlingame  |  Contact Us

Burlingame, CA
September 01, 2020 10:18am
7-Day Forecast | Traffic
  • Search Hotels in Burlingame

  • ROOMS:

SGT implements Extreme Deflation as the most effective way to deal with a Financial downturn

SGT has passed the security audits of two security auditing institutions

March 5, 2022 /MarketersMedia/

SGT (also known as Simple Goal), an innovative Decentralized Finance project, has burned 30 trillion tokens, causing extreme deflation of SGT and promoting it as the best solution to the global financial downturn.

The SGT ecosystem is dedicated to a decentralized economic model in order for every member of its community to reap the benefits of the model. To cause deflation and raise the value of SGT, the tokens are burned. Because it reduces market circulation, this deflationary mechanism would help to reduce selling pressure to a large extent. The cycle between SGT transactions and the burning mechanism contributes to the token's value increasing, which benefits SGT holders.

The supply of traditional finance can be uncontrollable at times. For example, in 1929, the United States' financial industry suffered heavy losses, followed by a stock market crash, which caused an economic crash. The Great Depression lasted ten years as a result of the economy's crash, with businesses closing and real estate collapsing. The main reason for this is that information from various economic entities in traditional finance supply is siloed and not shared with one another. The performance risks are also ineffectively managed, making it easy for the economy to collapse once financial instability occurs.

SGT aims to integrate the best technology with financial systems in order to help all market participants trust each other and maintain a better financial environment, but it is also important to note that the problem of value appreciation under extreme finance necessitates extreme deflation in order to protect.

SGT is an economic model developed by economists and mathematicians that is based on the gold standard monetary system and a deflation mechanism to assist everyone in surviving the Kangbo cycle's recession. The smart contract is completely open-source, SGT creates the world's most advanced business deflation model, the total global issuance is 210 trillion, the estimated destruction rate is 99.9999 percent, and 2.1 million SGT will be retained at the end.

SGT is dedicated to creating a financial ecosystem that is secure, efficient, fair, and profitable. The address for the burning mechanism is public, and the smart contract is used to aid in the establishment of trust in the ecosystem. It is safe to say that the innovative SGT's extreme deflation has piqued the interest and recognition of cryptocurrency "Whales." Furthermore, SGT has passed the security audits of two security auditing institutions, and SGT is well-positioned to increase in value in 2022.

TP wallet download link:
Pancake Decentralized Exchange Addresse:
Contract address:0x2F681cdb658D99f46b0D5b8De0d7F85bE7176BD1

Contact Info:
Name: Jacob Daniel
Email: Send Email
Organization: SGT

Source URL:

Source: MarketersMedia

Release ID: 89066699

Data & News supplied by
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Copyright © 2010-2020 & California Media Partners, LLC. All rights reserved.