🔥16. Token Burn
Last updated
Last updated
This feature represents a strategic approach to ensuring the long-term viability and prosperity of our token.
As our business expands, this feature will play a crucial role in enhancing the utility of our digital assets and maintaining a healthy, sustainable token economy, reinforcing our commitment to sustainability and community engagement.
Key Aspects:
Reducing the Token Supply:
A 10% burn will be applied to every transaction made using $MACS tokens, including those for access fees, purchasing equipment or RC cars, VIP passes, and more. This mechanism reduces the token supply, enhancing its value over time. All related transaction details and burn information will be transparently available on our platform for users to monitor.
Community Influence:
The NFT owners and token holders are not just participants but play a pivotal role in shaping the ecosystem's future through their votes in Ecosystem decisions.
Strengthening Ecosystem Sustainability:
This is a strategic move towards solidifying the sustainability of our ecosystem, providing a stable foundation for both our physical and digital ventures to flourish in tandem.
Driving Token Demand and Managing Supply
Increased Demand for Our Token:
The success of these features is directly tied to the popularity of the Maniacs token.
As the business grows and we offer more attractive rewards and opportunities, the demand for our tokens is expected to increase.
Balancing Supply and Demand:
The dual strategy of increasing token utility and decreasing its supply is designed to create a balanced and sustainable token economy