Deflationary Mechanisms
Buy back & burn
A share of the protocol earnings is dedicated to buy back & burn DBASE, in order to apply a continuous buying pressure on it.
xDBASE to DBASE Conversions
Another deflationary mechanism we have is given by the variable conversion rate between xDBASE and DBASE. Based on market conditions the 1:1 conversion can go as low as 0.5 DBASE per xDBASE. That means that the total amount of tokens put into circulation at any moment will also be significantly reduced, allowing the average investor to sleep in peace.
Last updated