🔥Token Burning to Manage Liquidity

9.6. Token Burning to Manage Liquidity

Token Burning is a mechanism we use to remove unsold QUJI coins from the supply. The main purpose of this step is to maintain healthy liquidity for our token in the market, ensuring seamless trading.

We burn the unsold QUJI coins, taking them out of circulation forever. This reduces supply and increases the value of the remaining tokens (supply is reduced while the demand is the same, which enhances the value of existing tokens).

Other than burning the unsold coins, we may also regularly buy back and burn QUJI coins from the market to gradually reduce supply over time.

Coin burning will be implemented in accordance with international standards and BEP-20 token protocols, gradually reducing QUJI coin’s supply to increase or maintain its market value.

The percentage of tokens to be burned will depend on inflation and market conditions. We expect to burn around 2-5% QUJI coins over the next few years.