Silva Token (SILVA)

What Is Silva Token (SILVA)?

Silva Token (SILVA) is an investment, multicurrency, and multifunctional online platform established on blockchain technology. Silva Token seeks to allow users to hold money in a multicurrency online wallet, trade currency on the exchange, and get an advantage in a convenient currency. The protocol aims to make charities to associations and foundations from charity wallets. The platform empowers the community to vote on when, where, and how much to donate for the social cause. The network also seeks to provide an exceptional benefit to the people to make payments from the convenience of their residence in traditional currencies or cryptocurrencies to numerous online and offline shops.

Interestingly, the Silva platform has SILVA as its native token, which is based on BEP20 on Binance Smart Chain technology (BSC). Binance Smart Chain (BSC) is a parallel blockchain that runs smart contracts on the Binance exchange. Smart contracts are just like regular contracts; however, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain.

According to its whitepaper, the Silva network seeks to build a mobile phone wallet. Further, the token tax gets distributed among the following: liquidity, redistribution holder, the team, surprises for the community, merchandising, marketing, tip to the Dev, and burn. The token burn is separated into eight wallets, and each wallet is burned every three months. Through the cryptocurrency burning process, users can remove tokens from circulation, which decreases the number of coins in use.

Moreover, the platform seeks to conduct an independent audit of its operations and performance so that users can be confident that they are 100% safe and a legit project! 

History of Silva Token (SILVA)

Ali J Denison and Rohil Lee serve as core-developers at Silva Token. The maximum total supply of Silva Token is 2,000,000,000,000,000 tokens.