What does Kishu Inu do?
Kishu Inu (CRYPTO:KISHU) is a community-driven decentralized cryptocurrency (DeFi) token built on the Ethereum blockchain. It was founded in April 2021 by a group of anonymous developers. Kishu Inu has a total supply of 1 quadrillion tokens, and its main goal is to provide a fun and rewarding experience for its community members.
Kishu Inu works by using a smart contract to distribute rewards to holders and burn tokens. Whenever a KISHU token is transferred, 2% of the transaction fee is distributed to all KISHU holders, and 5% of the transaction fee is burned. This mechanism helps to increase the value of KISHU tokens by reducing the total supply and rewarding holders.
Kishu Inu also has its own decentralized exchange (DEX) called KISHU Swap, where users can trade KISHU tokens and other cryptocurrencies. KISHU Swap is still under development, but it has already gained popularity among KISHU Inu holders.