🔥RUSH Buyback & Burning
Mechanics to increase token value activated.
Last updated
Mechanics to increase token value activated.
Last updated
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The RUSH token has a deflationary mechanism built into it. The RUSHWIN platform dedicates a portion of all fees and house profits to buying back and burning the tokens.
RUSH Buyback and burn is done via a trustless smart contract—everyone can verify and be assured that we value DeFi and our community. The contract has a public function to trigger the buyback, enabling the platform to purchase RUSH Tokens from the open market and burn them, effectively reducing the total supply and creating deflationary pressure while at the same time increasing liquidity. This enhances the token's value over time and involves the community in the platform’s economic decisions, allowing them to witness and participate firsthand in deflation.
The deflationary process is designed to significantly increase the value of the RUSH native token over time. It also plays a crucial role in maintaining a balance between holders and developers, supporting the token distribution model, and fostering consistent ecosystem growth. The buy & burn contracts are self-funding through the platform revenue, again fully decentralized!
Smart Contract Address: TBA Audit: TBA