SporePrice

(SPORE)

Spore is a community-driven, hyper-deflationary ecosystem primarily hosted on the Avalanche and BNB Smart Chain networks, with a separate AI-focused project on Solana. The original project is built around decentralized finance (DeFi) and digital collectibles, utilizing a reflection mechanism to reward holders. While the Avalanche and BNB versions share a bridge for cross-chain movement, the Solana version focuses on AI agent evolution. Notably, the project is entirely independent of the 2008 video game of the same name.

This occurs due to Spore’s reflection mechanism. A percentage of every transaction is automatically redistributed to all existing token holders. Unlike traditional staking models that require you to lock assets in a smart contract or pool, Spore rewards you simply for holding the tokens in your non-custodial wallet. This process is often called 'passive rewards' or 'auto-staking,' as your share of the total supply grows proportionally with every transaction that occurs on the network.

Transactions typically fail if the slippage tolerance is set too low. Because Spore implements a transaction tax to fund the burn and reflection mechanisms, standard settings like 0.5% are insufficient. To ensure a successful swap on decentralized platforms, users usually need to adjust their slippage tolerance to a range between 7% and 12%. This higher setting accounts for the protocol fees deducted during the transfer process.

Spore is hyper-deflationary, meaning its supply is designed to shrink over time. A significant portion of the tax from every transaction is automatically sent to a 'dead address'—a wallet that is permanently inaccessible. Because these tokens are removed from circulation forever, the total circulating supply constantly decreases. This mechanism is intended to create scarcity as the ecosystem grows and more transactions take place.

The Spore project was designed with a focus on security and decentralization. For the original ecosystem, liquidity was burned at launch, preventing any entity from withdrawing the underlying assets. Additionally, the smart contract has been renounced, meaning the original developers no longer have the authority to change the code, alter the tax structure, or modify the tokenomics. This makes the protocol immutable and ensures it remains entirely community-led.

Yes, Spore features a dedicated cross-chain bridge that allows users to transfer tokens between Avalanche and BNB Smart Chain. This allows holders to access utility and liquidity across both ecosystems. When using the bridge, it is important to ensure you have the appropriate native tokens for gas fees on both the source and destination networks to prevent transactions from becoming stuck.