1. Token Minting and Burn Mechanisms
The novel PoV protocol plays a pivotal role in AGC token generation, aligning with platform needs and user contributions. Our model is designed to adjust fluidly in response to user input and the necessities of the platform.
To safeguard the value of the token and maintain a balance between supply and demand, we've implemented several burn mechanisms:
Fixed Burn: A constant percentage of tokens employed to gain access to platform services will be discarded. This steady source of token burn ensures a continuous deflationary pressure.
Adaptive Burn Rate: Acknowledging that our platform's activity levels may fluctuate, we have engineered an adaptive burn rate that adjusts according to the volume of minted tokens. During phases of increased activity and token minting, the burn rate will escalate. In contrast, the rate will lower during periods of lessened activity. This dynamic burn mechanism is a key player in effectively managing token supply and preserving the token's value.
Buyback Burns: A buyback scheme, financed by a portion of the treasury fund, will carry out regular token burns. This guarantees a continuous return of tokens to the treasury, aiding in supply regulation.
The strategies for token minting and burning discussed above ensure a dynamic equilibrium of supply and demand, while upholding the stability and value of AGC tokens within the ecosystem.
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