Civitas Protocol is a community-driven project governed by CVT, an ERC20 token, that when transacted applies a 2% absorption to each transaction. The 2% absorption per-transaction mechanism aims at providing a reduction to the amount of CVT tokens in the circulating supply over time, thus increasing the price of each token in the liquidity pool. The minimum deflation, based on use-cases outlined below and the ‘maximum re-introduction rule’, will result in a minimum of 1% deflation as at least 50% of absorbed tokens will remain in a ‘burned state’ (Never re-introduced into circulating supply or permanently burned through the contract). _The official Civitas Protocol ticker is “CVT” and trades under that name on all the exchanges where it has been listed. The designation “CIVIT” is for CryptoCompare.com only._
