BuyBacks And Burns (Deflationary mechanism)π π₯
π° SMARS tokens will be purchased to decrease the amount in circulation of the DeFi exchanges, as well as the liquidity offer of SMARS tokens, creating a positive impact on the price relative to the obtained profits. The repurchased tokens will be used for the burning of SMARS tokens.
An unmineable deflationary token, with fewer and fewer tokens in circulation. By increasing its demand and reducing the supply, the token will increase.
Sometimes burns matter; sometimes they donβt. Having burns controlled by the team and promoted based on achievements helps to keep the community rewarded and informed.
The burns and the amounts can be advertised and tracked. With the profits and fees obtained, SMARS tokens will be repurchased to decrease the amount in the circulation of the DeFi exchanges, as well as the liquidity offer of SMARS tokens, creating a positive impact on the price relative to the obtained profits.
The repurchased tokens will be used for the burning of SMARS tokens. SMARS TOKEN FINANCE aims to implement a burn strategy that is beneficial and rewarding for those engaged for the long term.
The buybacks along with the burns, cause a reduction of the tokens in circulation as well as the liquidity in the exchanges, increasing the price of the token immediately.
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