Buyback and Burn Mechanism
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YIN DAO incorporates a Buyback and Burn Mechanism, where 10% of the DAO's income revenue are used to buyback and burn $YINDAO tokens from the open market. This deflationary model helps increase the scarcity of $YINDAO tokens, potentially driving up their value over time. The Buyback and Burn will be executed bianually till the total supply has decreased from 3 billion to 2 billion tokens through this mechanism.
After the supply has been decreased to a 2 billion supply, the 10% buyback will continue to buyback $YINDAO tokens from the open market and send them straight into the DAO's Treasury