Karen Coin (KAREN) is a deflationary DeFitoken built on the Binance smart chain that rewards holders of the token. A deflationary token is one with a decreasing supply of tokens. The main focus for the team behind Karen Coin is to create absolute transparency and generate complete clarity for users to know that their trading is safe and secure.
According to its whitepaper, one of the challenges for Karen Coin involves creating equal opportunity for its holders. To do that, Karen Coin had a fair launch, where no tokens were allocated tokens to developers. Also , the team needed to trade-in at the same time as the rest of the community.
There are two features of KAREN- Liquidity pool and token burning. Burning a token means permanently removing several tokens from circulation.