What is Olivo?
Olivetum is a Layer-1 blockchain focused on a single native asset, Olivo. The network is designed without general-purpose smart contracts and without transaction fees, prioritizing simplicity, predictability, and long-term stability. Every transfer follows a protocol-level rule that deterministically burns a portion of the transferred amount, creating continuous deflation at the base layer. The project intentionally limits complexity by removing token creation, bridges, and arbitrary contract execution. Olivetum operates with fixed, transparent monetary rules enforced directly by the protocol. The goal is to provide a blockchain that behaves more like a structured market infrastructure rather than a speculative execution environment, emphasizing reliability, scarcity, and rule-based economic behavior.
