💷Ribus deflationary system
Generally speaking, deflationary tokens have a maximum desupply or maximum limit of tokens that can be created, as in the case of Ribtoken. This mechanism aims to maintain the balance of the Ribus ecosystem, and promote a high degree of acceptance of tokens among companies, partners and other companies and people participating in the ecosystem. The Ribus deflationary system aims to make the Ribus token supply scarce, in a way that privileges its token holders due to the low market supply.
The burn mechanism will be activated shortly after the buyback period, 10% (ten percent) of the buyback amount will be destined for burning. The burning consists of sending the tokens to a special wallet within the blockchain, which does not have private keys, that is, no one can have access to the tokens, they will be automatically rendered useless and will definitely be out of circulation.
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