# Introduction ## What is Karma? A fully decentralized, frictionless, yield-producing token, on the Binance Smart Chain. Offering automated DeFi rewards to holders. Karma token uses a fair system of taxing each token transaction with a constant percentage. Reducing circulating supply, and redistributing KRMA rewards to holders to create further value for its users. It applies an automated, built-in regulatory mechanism, to eliminate the risks of price inflation, and gradually reduces total supply in proportion with transaction volume and frequency. At the base of the Karma Token, is a unique reflector algorithm that utilizes programmed intelligence to implement a fair and consistent passive accumulation of tokens directly to holders’ wallets. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://whitepaper.karmatoken.org/master.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.