# 5.5 A brief overview of Navacoin's security mechanisms **No blacklists** Developers cannot block or freeze Navacoin holders' wallets. The team does not censor transactions; this is neither ideologically nor technically possible—the smart contract does not include such a function. Your token is yours, and only you control your assets. #### **No token transfer fees** The token itself does not charge transfer fees. (If necessary, only technical network fees may be charged on the blockchain.) The ecosystem has sufficient deflation mechanisms. **Fixed supply from day one** The entire Navacoin supply will be created immediately upon launch. The smart contract logic does not require any additional issuance. > *Navacoin is created once, and no additional tokens will be issued.* #### **Open-source smart contract code** The contract code will be completely open-source. Anyone can inspect it and verify that there are no hidden functions. No proxy or admin functions The smart contract will be deployed without a proxy server or administrative functions. This means: * no one will be able to change the token logic after launch; * it will be impossible to change the rules, introduce new restrictions, or quietly change anything retroactively. #### **Deflationary model and token burning** The token is designed to deflate from the start. As new products are launched, burn algorithms will be integrated, which will: • reduce the total supply; • allow some tokens to be permanently burned based on certain user actions and within ecosystem products. --- # 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://nava-dao-1.gitbook.io/nava-dao-white-paper/basics/5.-economic-model/5.5-a-brief-overview-of-navacoins-security-mechanisms.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.