Deflationary Mechanism - Burn
We put our money where our mouth is! Not only we created the extra locked LP for $FUCKTRUMP used to reward hodlers, but we also provided extra staking to the vault to help reward hodlers. That way we are able to colect fees and use it to buyback and burn $FUCKTRUMP tokens, making it a true deflationary tokenomics model.
$FUCKTRUMP Staking Vault is also used in the LP. Every transaction generates a small fee that is pooled together. This fund is used to periodically to buy $FUCKTRUMP tokens from the open market and burn them, reducing the total supply. The buyback-and-burn process is like feeding the fire of demand while starving supply, which can potentially increase the value of every remaining token.
At the TGE event on moonshot, there was 1 Billion $FUCKTRUMP tokens created (Total, Max and Circulating Supply). With the weekly burns, the supply is constantly reduced, creating even more scarcity for token hodlers.
The buy-back events are celebrated as "Burn Parties," where the community can gather on social platforms to witness the "treat-eating frenzy" in real time. This adds a layer of fun and accountability, ensuring trust in the project's mechanics.
The deflationary model rewards patience and true loyalty. As tokens are burned over time, holders who stake their tokens may enjoy higher relative value and greater rewards. This creates a built-in incentive to avoid short-term trading and focus on long-term growth.
Besides, the transparency also helps potential investors see the value proposition in a deflationary tokenomics model. Besides, periodic buyback-and-burn events signal strong commitment from the project team to uphold value for its community. Transparency around these events can build trust, enhance the community's engagement, and foster a sense of shared purpose in driving the project's success.
The fees collected for buy-back-and-burn provide an automatic deflationary mechanism for redistributing value to all stakeholders. Instead of transaction fees being purely a cost, they contribute directly to value creation, fostering alignment among the project's goals and the interests of its users and investors.
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