Deflationary mechanisms
Deflationary token mechanisms are used to increase the scarcity of FORC and decrease the total supply over time.
Buyback
5% of the fees collected from each successful fundraise, as well as part* of our treasury funds will be used to buy back FORC tokens. The purchase will be made on DEXs with the highest FORC trading volumes. These buybacks will occur on a quarterly basis (every 3 months) using small, recurring purchases that will not lead to market fluctuations.
*The allocation of treasury funds dedicated towards token buybacks and token burns will fluctuate based on market conditions and come from the Founders’ Fund.
FORC burn
All tokens acquired from the token buybacks will be sent to an inactive wallet address, removing them from circulation. These tokens will no longer be accessible and are, thus, “burned”.
Last updated