Deflationary Features
$CSwap has a maximum supply of 100,000,000, and a deflationary mechanism is in place to reduce the supply as much as possible. CORESwap will use two main methods to burn $CSwap:
Buy Back & Burn 10% of the protocol’s earnings will be allocated to buy back and burn $CSwap, as outlined in the following:
$xCSwap Redemption: When a user redeems $CSwap by staking $xCSwap, the redemption ratio is determined by the staking period. If a user stakes $xCSwap for less than 50 days, they will receive less than a 1:1 ratio. For example, if a user stakes for 10 days, they will receive $CSwap at a 1:2 rate. The remaining $CSwap will be burned, as outlined in the following.
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