Telegram is positioning itself as an all-in-one “super app” similar to China’s WeChat by expanding its features with a focus on Web3 and blockchain technology. According to Gracy Chen, CEO of Bitget, this strategy aims to transform Telegram into a more robust and multifunctional platform, enabling users to conduct financial transactions, make payments, and even […]
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.
