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CATERPILLAR is essentially a memecoin that differentiates itself from many traditional cryptocurrencies due to its focus on community involvement rather than a centralised development team. With no predetermined roadmap guiding its path, the project embraces a fully community-driven framework.
At its core is a unique tax structure: a 2% tax is imposed on all buy and sell transactions. This tax does not merely function as a revenue-generating mechanism; rather, it is integral to the project's sustainability. Each transaction contributes directly to a token burn process, effectively decreasing the total supply over time. This deflationary strategy is intended to maintain balance within the community while encouraging potential value growth for participants in CATERPILLAR.