The decentralized finance (DeFi) sector is booming, driven by renewed optimism in the crypto market following recent U.S. elections. The surge in DeFi lending activity signals fresh opportunities for investors eager to tap into this dynamic space. Sustained Growth: Platforms like Benqi have seen a significant increase in loan activity, highlighting DeFi’s appeal for portfolio […]
The TON (The Open Network) blockchain, integrated into Telegram, could play a crucial role in the adoption of decentralized finance (DeFi) in the mainstream, according to a GSR report. The synergy between Telegram’s vast user base (over 950 million) and TON’s DeFi ecosystem creates an unprecedented opportunity to broaden the target audience. With TON surpassing […]
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 […]
Phishing scams are malicious attempts to steal personal information, passwords, or remote access by deceiving users. These attacks often target cryptocurrency investors, as well as traditional banking and corporate networks. Advanced security systems can still be compromised through social engineering. Clash Node emphasizes the importance of user security and provides guidelines to protect against phishing […]
Cryptocurrencies are digital assets recorded in a distributed database called blockchain. What truly distinguishes and governs these networks are the consensus protocols. What is a Consensus Protocol? A consensus protocol is a set of rules that all participants (nodes) in a blockchain network must follow to ensure proper functionality. It determines how new coins are […]
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.
