DEFLECT Protocol ($DEFLCT) is an Ethereum token that aims to improve on the many forks of Reflect (RFI). These improvements consist of upgraded tokenomics via an increased token burn rate, liquidity locking to prevent “rug pulls” which increases the decentralization value, and also provides utility functionality for other Reflect tokens inside of the DEFLECT ecosystem. The Reflect forks that are provided utility were initially chosen by the Deflect team. However, in the future, the Deflect token may operate as a governance token to allow community voting on the next reflect fork token to be gifted utility value.
