A tokenomic mechanism where tokens are purchased from the market and permanently destroyed. PSWAP uses a buyback-and-burn model where 0.3% of trading fees are used to buy PSWAP tokens from the market and burn them, reducing total supply and potentially increasing token value.
Buyback-and-burn
economicsRelated Terms
Examples
- • PSWAP fee buybacks
- • Token destruction
- • Supply reduction mechanism