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  • Burn mechanism
  • Deflation mechanism
  1. Capshort Token - CAPS

Burn & deflation mechanism

PreviousToken utilitiesNextCapshort Passport NFT (CS PASS)

Last updated 1 year ago

Burn mechanism

The token burn mechanism will be implemented as follows:

  • We will burn 3% of tokens in each fee received from successful transactions.

  • Implement token burning according to quarterly revenue.

  • All tokens from DAO will be completely burned after the end of each voting round.

  • When there are 1,000,000,000 tokens remaining, token burning will stop.

Deflation mechanism

50% revenue sharing for:

  • Activities include: buy/sell items in-ecosystem, transaction fees, commissions from services provided, and subscription packages.

  • Hedge funds for users used to buy other collateral such as stablecoins or Bitcoin.

  • Buy Back and use tokens for more activities in the Capshort ecosystem

And details will be explained according to the chart below.

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