CRaaS
  • INTRODUCTION
    • Overview
  • COMOPUTING RESOURCE-AS-A-SERVICE
    • What is Computing resource-as-a-Service(CRaaS)?
    • CRaaS Cloud Mining
    • AI Train To Earn
  • $CRS TOKEN
    • $CRS Tokenomic
    • Auto-Burn Mechanism
  • OTHER
    • Roadmap
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  1. $CRS TOKEN

Auto-Burn Mechanism

Auto-Burn Mechanism in CRaaS: Increasing $CRS Token Value

CRaaS implements a burning mechanism in our economic model. The purpose of this program is to enhance the value of the $CRS token and the belief of holders in the value of $CRS as well as the CRaaS ecosystem.

Burning source of $CRS Tokens

The burning value is through various resources within the CRaaS ecosystem:

  • Development Fund: A part of the development fund will be set aside every month to buyback and burn $CRS tokens.

  • Other Buyback & Burn Source: CRaaS may also receive grants/partnership funds from other projects. After being spent on the main purpose of the fund, the redundancy will be used for buyback and burn $CRS tokens.

Impact of Buyback & Burn Program

  • Enhanced $CRS Scarcity: The reduction in the total supply of $CRS tokens creates scarcity, which can positively influence the token's value, creating a positive flywheel for the whole ecosystem.

  • Alignment with User Interests: The deflationary mechanism aligns with the interests of $CRS holders, as it potentially increases the value of their holdings and provides an incentive for long-term investment and participation in the ecosystem.

  • Long-Term Economic Stability: By continuously removing a portion of the tokens from circulation, we aim to achieve a more stable and sustainable economic environment for CRaaS. This stability is beneficial for both long-term investors and everyday users of the platform.

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Last updated 4 months ago