Buy Back & Token Burning
Total Cashtree Token to be burned are 3% from total circulation (approx 35,355,303.87 CTT). This step is taken to help reduce volatility using the Quantity Theory of Money (QTM). Cashtree is applying the logarithmic / exponential formula for Burning mechanism of :
Burn = Total / Log(Total) x 4
Total : Token circulation on that period
Log : Logarithmic of total token circulated
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