# Introduction to the TitanX Ecosystem

TITAN X, designed with a strategic emphasis on reducing supply and fostering buy pressure via smart contracts, is a dynamic ecosystem underpinned by various mechanisms aimed at augmenting scarcity and value appreciation. Its core features include using 62% of a miner’s ETH to buy $TITANX and burn it as well as  staking mechanics which incentivize users to lock up $TITANX for increased ETH yield, mimicking a Certificate of Deposit system prevalent in traditional banking. This lock-up strategy effectively reduces circulating supply, adding value and stability to $TITANX.

Moreover, TITAN X incorporates a Proof of Burn 2.0 mechanism enabling ecosystem developers to create new tokens by burning $TITANX permanently, thereby boosting scarcity. Constant buy-and-burn activities, coupled with daily reductions in mineable $TITANX and increasing production costs, fortify its deflationary model, fostering a trajectory of increasing scarcity and value over time.

The ethos of the TITAN X ecosystem:

* Doxxed founder is highly preferred
* Create pairs of $TITANX or a derivative of $TITANX/$YourToken not with ETH/$YourToken
* Protocol/project must benefit the community by burning/removing $TITANX and potentially other tokens from the circulating supply
* Collaboration between projects is encouraged
