Deflationary Mechanisms in RushB
The deflationary mechanisms in the RushB ecosystem are designed to counteract inflationary pressures, maintain value stability, and create scarcity for the token, ensuring its long-term success and attractiveness to investors. These mechanisms work in tandem with the Tax Sell fee structure, utilizing a portion of the fees collected to implement the following strategies:
- Token Buybacks: RushB will periodically use a portion of the collected fees to buy back tokens from the open market. These buyback operations help to increase demand for the token, provide additional liquidity, and reduce selling pressure.
- Token Burns: Following the buyback operations, RushB will burn a percentage of the repurchased tokens. Token burning involves permanently removing tokens from circulation, effectively reducing the overall token supply. This reduction in supply creates scarcity, which can lead to an increase in the token’s value, benefiting all token holders.
- Staking Rewards: To further incentivize long-term holding and reduce selling pressure, RushB offers staking rewards to token holders who commit their tokens to the staking pool. By locking their tokens, holders contribute to reducing the circulating supply and, in return, earn attractive rewards based on the duration of the staking period.
These deflationary mechanisms are essential for creating a healthy and sustainable ecosystem for the RushB token. By strategically implementing buybacks, burns, and staking rewards, RushB ensures that the token maintains its value over time while fostering an environment that rewards committed investors and discourages excessive selling pressure.
Floor Price Fund
RushB Hub has a Floor Price Fund to support $rushB token price. With 5% tax sell created, 5% of the total pool will be taken out and used as follows:
- 4% used for daily buyback & burn $rushB token.
- 1% used for weekly community events.
With the growth of the Floor Price Fund, $rushB price will keep a stable lowest floor price and have better growth potential.