π | Deflationary Features
As already explained, $SND has a theoretical maximum supply of 10,000,000 tokens.
Our deflationary mechanisms aim to reduce the total supply as much as possible. There are 2 main ways in which the protocol will burn $SND:
- Buy back and burn
A share (12%) of the Protocol Earnings will be used to buy back and burn $SND, as explained in:
πΈpage| SND Token- xSND redeems
When a user decided to redeem $SND by staking and earning $xSND, there is a redeem ratio based on the staking period. If a user decides to stake his $SND for 15 days to earn $xSND, he will receive a rate: 1:1.
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