Could you explain more detail on "strategic value coupling mechanism"?
Hi first.down,
The tokenYou can use the UTRUST token in the platform, spending it in merchant that
supports UTRUST or private buyer/seller transactions, you can sell the coin in the
exchange, privately, or just hold for future use. The key difference to all other tokens
is that it has a business model behind it. A payment system that enables you to use
the coin and spend it independently and a system that grows in synergy with the
coin. Moreover, using the UTRUST token on the payment platform will have its
additional benefits to further stimulate its growth.
Value and StrategyHow will this strategic value coupling work? Each time a buyer pays with any
cryptocurrency via UTRUST payment platform a percentage of the transactional
fee is used to buyback UTRUST token and remove them from the market. The
removed tokens will be destroyed. This will reduce the amount of UTRUST token
supply further driving demand, the adoption of the platform and the value for
investors. The higher the volume of transactions in the UTRUST platform, the higher
the potential market value of the token. Since a percentage of the transaction fee
is removed from the pool in each market transaction, the more UTRUST platform is
used (with any crypto), the further the price of UTRUST appreciates, a built-in
adjustment that acts as our self-correcting mechanism. If an investor decides to
hold UTRUST token for the long run, though it will be subjected to exchange market
fluctuations, there is a protective layer that links it to a sustainable financial
platform. This so called intrinsic deflationary engine makes UTRUST not only the
safest payment platform, but a great token for investment and store of value.
The amount of UTRUST tokens is projected to be reduced from the initial 1 billion to
a minimum cap of 100 million, at a rate no faster than 50 million a year. This
dynamic adjustment of the fee burn rate will be managed by the UTRUST platform
analytics engine with the goal of balancing token supply and demand while
encouraging transaction growth.
All the best,
The UTRUST Team