WebSep 12, 2024 Β· A reflection mechanism can be defined as a process in which tokens act as a self-generating mechanism for their holders. As every transaction is taxed you receive tokens automatically simply by holding the token. The reflection mechanism was developed with the hopes of transforming the concept of yield generation in the DeFi ecosystem. WebRainbow token is a hyper-deflationary DeFi token launched on the Binance Smart Chain, with 7 different protocols, including reflection. It is still very early in the development process of RAINBOWTOKEN, only launching in August 2024. The team situated in the UK is trying to bring real utility in a market filled with meme coins.
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