Reflections

The simple explanation of HOGE is that a 2% tax on every transaction is divvied among existing wallets, including a large inaccessible "burn wallet" taking the majority.

A mathematical trick used to update thousands of balances by changing one number. Instead of the numerator getting larger, the denominator gets smaller.

Say I start with 10% of the supply and then a large reflection occurs. My balance has gone from 10/100 -> 10/99.