Deflationary USD (DUSD)
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Over Deflationary USD
Deflationary USD (DUSD) is an innovative cryptocurrency built on the Solana blockchain, designed with a unique buyback and burn mechanism that aims to create a deflationary economic model. The tokenomics of DUSD are centered around a commitment to reducing the total supply of tokens in circulation, thereby increasing scarcity and potential value for holders. With a total supply of 1 billion tokens, a significant portion has already been burned, indicating the effectiveness of its deflationary strategy.
Every transaction involving DUSD is subjected to a fee structure where 100% of the collected fees are directly utilized for buyback and burn activities. This automatic mechanism ensures that a portion of the tokens is consistently removed from circulation, leading to a gradual reduction in supply. As of now, more than 213 million tokens have been burned, demonstrating the active implementation of this process. This feature not only benefits current holders by enhancing the token’s scarcity but also encourages trading volume, which in turn fuels further burns.
The buyback and burn actions are executed at a frequency of every minute, reflecting a system designed to promptly manage supply levels. A minimum fee of 0.01 SOL is required for buyback transactions, ensuring that the mechanism operates efficiently and consistently. By maintaining a deflationary approach, DUSD rewards its holders through a progressive increase in value as the circulating supply diminishes over time. This dynamic creates an environment where participation in the ecosystem is correlated with greater financial benefits for all involved stakeholders.
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