The Aave protocol, a cornerstone of decentralized finance (DeFi), is reshaping the financial industry with its innovative approach. Founded in 2017, Aave began as a blockchain-based lending platform and has since evolved into the world’s largest decentralized bank, offering solutions that rival traditional financial institutions. How Aave Works Aave operates by allowing users to deposit […]
Tether (USDT), a stablecoin backed by the U.S. dollar, has recently reached a record market capitalization of $120 billion. This milestone comes during the traditionally optimistic period for cryptocurrencies known as “Uptober.” The rapid growth of Tether’s market cap reflects its increasing popularity, especially in emerging markets and regions with limited access to traditional banking […]
Since the start of 2024, AAVE, a leading decentralized lending (DeFi) platform, has emerged as one of the largest revenue generators in the decentralized finance space. According to recent data from Token Terminal, the platform has accumulated an impressive $50 million in revenue over this period, solidifying its position in the DeFi market. What is […]
PERIODIC BURNING
A percentage of transaction fees from manual arbitration operations, in addition to the full amounts from License purchases for operations in the automatic arbitration system, will be used to burn Clash Hub Coin tokens. This will accelerate burning, decrease supply, and increase scarcity of the token.
100% of tokens converted to USDT during withdrawals from the staking system, arbitrage system and flash loans will be burned, promoting a continuous decrease in the total supply.
OBJECTIVE OF BURNING
Reduce 90% of the total supply over 1 year through periodic burning and conversions of staking rewards and token affiliate system into USDT. 90% of the supply will be burned, equivalent to 900 million tokens at a price of $0.01, corresponding to 9 million dollars in transaction volume. Then the current model of the affiliate system will conclude and the token will be launched in the public sale phase after the full burning of 90% of the supply.
Total supply of tokens will be burned and released on DEX`s for public sale at a price of $0.02, doubling the capital of Clash Hub Coin Token holders.
