Buyback and Burning
Buyback and Burning
Buyback and burning is a strategic mechanism employed by token projects to enhance the value and scarcity of their tokens. In the case of Cabara Token, 30% of the revenue generated from its utility platforms will be allocated for buyback and burning. This means that a portion of the tokens circulating in the market will be purchased using the generated revenue and permanently removed from circulation, effectively reducing the total token supply.
By implementing buyback and burning, Cabara Token aims to create a deflationary pressure on its token, leading to a potential increase in its value over time as the supply diminishes. Additionally, 10% of the revenue will be allocated to reward token holders with the Cabara stable coin. This dual approach not only enhances the token's scarcity but also incentivizes token holders to participate in the ecosystem, driving demand and fostering a vibrant community around Cabara Token.
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