Destruction and buy-back
In order to ensure transparency, the CSTC team has written automatic repurchase and automatic destruction mechanisms into smart contracts.
CSTC acts as a liquidity pool and currency supply in the created game. Each in-game reward is paid by the CSTC smart contract. The value of game tokens is based on supply and demand. Through carefully calculated rewards and automatic destruction mechanisms, the demand can always be equal to or higher than the supply of CryptosTribe, so that the value of our tokens can be maintained stability.
CryptosTribe Token
Smart contract is automatically destroyed
Automatic destruction one
All tokens for opening the mysterious treasure chest will be permanently destroyed
Automatic destruction two
1% of the token purchase fee will be permanently burned
Automatic destruction three
50% of the pledge redemption fee will be permanently destroyed
Automatic destruction four
50% of NFT transaction transaction fees are permanently destroyed
Automatic destruction five
50% of the battle victory handling fee will be permanently destroyed
Automatic destruction six
50% of Arena victory handling fee will be permanently destroyed
Smart contract automatic repurchase
Automatic repurchase one
Token purchase transaction fee 1% Automatic repurchase
Automatic repurchase two
50% of the handling fee for NFT trading is automatically repurchased
Smart contract automatically loops back to the reward pool
Q1 50% of the pledge redemption handling fee goes into the pledge contract
Q2 50% of the battle victory handling fee goes into the battle contract
Q3 50% of Arena victory handling fee goes into Arena Contract
In order to further provide stability and increase the value of tokens in the long term, and to strike a balance between game rewards and token destruction, we have also dynamically adjusted the reward rates of agricultural farming, competition and battle based on the CSTC price: the higher the price, the lower the reward rate. The lower the price, the higher the reward rate, so that supply and demand are always balanced, and at the same time, it has a powerful automatic recurring return to the reward pool mechanism, which means that the token pool will never be exhausted because it will continue to be replenished from user interaction.
We believe that CryptosTribe tokens will always be calculated between supply and demand, so that the price will be stable and rising for a long time, so that players will continue to benefit from the additional income of the project.
Last updated