RIO DE JANEIRO, BRAZIL - The DeFi (Decentralized Finance) market has just welcomed a new Brazilian project. Called Carnaval.Finance, the Carnaval CRNL token is designed to be completely deflationary and optimized for holders. In addition to participating in token governance, holders benefit from a number of mechanisms set forth in the coin's smart contract.
The ecosystem has a pool enriched by a mechanism that sends 2% of tokens from each transaction to provide liquidity. In addition, the project has a reserve of 89,000 tokens that will be burned to ensure greater scarcity. All of these factors together lead . . .