What is DAX.BEST?
DAX.BEST is a unique project on the Flare Network that combines memecoin elements with innovative features. It offers a fair lottery system where users can stake DAX tokens to win rewards in Wrapped FLARE (WFLR) in the 6 out of 49 lottery. The project ensures transparency and prevents market dumping by distributing lottery winnings in WFLR instead of its own token. Additionally, DAX.BEST has a deflationary mechanism with a 2% burn rate on every transaction and regular buy-and-burn activities, aiming to create a sustainable and valuable ecosystem.