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
EconomicsA 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 …
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Definition
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.