Lotto Style Fee Distribution: There is another fee attached to every transaction of TELT, this is a fee of 2% and is distributed to the last transaction maker, this is done to promote transactions using TELT, and any supplementary contract transactions that interact with the TELT contract will also distribute this fee. By using TELT you will be rewarded on the next transaction and this carries the possibility of gaining more than your burn fee.
Deflationary Burn Fees: 3% of every transaction is removed from the total amount and burned directly from the total supply of TELT, this can be changed and will be subject to decentralized community voting, we will leave it up to the community to propose any changes to this fee.
Flexible Savings: Adopters deposit TELT into the contract to earn up to date interest in the form of more TELT, this will cause the total supply of TELT to increase which may decrease the price but to combat this inflation source, Telluric have developed fair burn fees.
Indeed, such a financial system requires placing paramount trust in the individual and freedom from a central all seeing all controlling authority, but the same sentiments were echoed on July 4th, 1766 with the founding of America and on July 1st 1867 with the founding of Canada, and those experiments have gone very well indeed.
This represents a significant proportion of the world's population and it may be the key to unlock the true vision of Bitcoin’s founder Satashoi Nakamoto, an effective, productive financial system that is accessible for all and free of regulation that locks people out.
