Buyback and Burn Mechanism
Last updated
Last updated
YIN DAO incorporates a Buyback and Burn Mechanism, where 10% of the profits from investments are used to buy back $YINDAO tokens from the open market and burn them. This deflationary model helps increase the scarcity of $YINDAO tokens, potentially driving up their value over time. The Buyback and Burn will be executed quarterly till the total supply has decreased from 3 billion to 2 billion tokens through this mechanism.