Byzantium Finance

Byzantium was developed to be a sustainable staking token. It combines multiple well-known principles, such as an ownerless Pancakeswap liquidity-pool to achieve long-term sustainability. The goal of the Byzantium project is to provide users with high, but fair staking yields. The token contract does not have a mint or creation function which means no tokens can ever be minted to payout stakers. All staking rewards are 100% derived from the income the protocol generates.

The Byzantium team has gone back to the drawing board to redefine what it means to be a staking token. No tokens should every be minted or created to payout stakers. With byzantium, all staking rewards are based on the income the protocol generates. The main income of the protocol is generated through transaction taxation. For each transaction, the sender pays a 10% tax. 5% is burned and 5% is collected and distributed towards stakers. The amount the stakers get fully depends on the amount of tokens they stake. In essence, it means that holding tokens is heavily rewarded.