What is Grenade?

Grenade is an open-source, community-powered kamikaze currency.

Full description of Grenade

Grenade is an open-source, community-powered kamikaze currency. Grenade (GREN) is a kamikaze cryptocurrency. The GREN Token (?) is an ERC-20 standard-based Ethereum token. We issued a fixed amount of 600,000 GREN tokens (ERC-20 token with 0 decimal places). The total token supply is 600,000 GREN tokens. Every GREN token transfer will destroy 1% of the transaction. For example, X person sends 100 GREN to Y person. 1 GREN will destroy and Y person will receive 99 GREN. We can’t change or manipulate the current code. Every GREN token burn is a deflationary measure helping to increase the token value and retain the confidence of the token holders. When reduces the supply of a GREN token, makes it’s value raise. Burning tokens then make the remaining ones very valuable. No new tokens will be created or mined.
  • Exchange symbol (?): GREN
  • Cryptocurrency type (?): Token (?)

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 Source: NOMICS