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
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 …
- Aliases
- —
- Related terms
- 4
- Tagged articles
- 2
What it means
Glossary tags
Related glossary entries
Explorer coverage
Recent Soranauts articles tagged with this glossary concept.
Examples
Common scenarios where this concept appears.
- PSWAP fee buybacks
- Token destruction
- Supply reduction mechanism