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Buy & Burn

Reduce, Reduce, Reduce!

The team at D.A.O understands the current financial systems worldwide and sees the major flaws: governments constantly print money. If you can print money, why do we need to pay taxes?

It's a great question, but not one we have the time to battle. In which case it is better to create a new system that works completely, totally, oppositely.

Starting with a fixed supply, we can ensure that no more printing can ever be carried out.

Each time the client's spending is converted to $DEPIN, 10% of the amount is burned. This reduces the supply, increasing the value over time.

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Last updated 11 months ago