🔥Token Burn

By permanently removing tokens from circulation, a process known as token burning can help to decrease the total supply of tokens and raise the value of the tokens that are still in circulation.

The exchange will repurchase a portion of the tokens that are currently in use every quarter, using 37% of the money made from all ecosystem products. By using this buyback mechanism, the total supply of tokens is decreased and a portion of them are removed from circulation. The market price of the remaining tokens could rise as a result of this. The percentage of revenue from ecosystem products that will be repurchased will determine how many tokens will be purchased.

Additionally, until the exchange has burned more than 50% of the total volume repurchased, the tokens that are bought back will not be burned. As a result, the tokens will be permanently taken out of circulation, further decreasing the available supply.

This mechanism for burning tokens will aid in preserving the token's market value and avert a sharp decline in its price. A helpful tool for controlling the supply of tokens and preserving their value on the market is the buyback and token burn mechanism. Additionally, it demonstrates the exchange's dedication to preserving the token's value and making sure that its stakeholders profit from the products in its ecosystem.