Deflationary ERC20 Token

This project implements a custom ERC20 token with a deflationary mechanism — a small percentage of tokens are burned on every transfer, reducing the total supply over time.

Features

• ERC20 Standard: Fully compliant with the ERC20 interface.
• Deflationary Transfers: Automatically burns a set percentage of tokens from each transaction.
• Owner Controls: Token owner can adjust the burn rate.
• Supply Transparency: Public view functions for current total supply and burn rate.

How It Works

When a transfer occurs:

1. The burn amount is calculated as (amount * burnRate) / 100.
2. The burn amount is sent to the zero address, reducing the total supply.
3. The remainder is sent to the recipient.

Example

If burnRate is 2% and Alice sends 100 tokens to Bob:

• 2 tokens are burned.
• 98 tokens go to Bob.

Requirements

• Solidity ^0.8.19

Deployment

# Compile the contract
forge build

# Deploy using Foundry, Hardhat, or Remix

License

MIT License