The "Treasure Volt"
Power the Vault: Burn, Earn, and Watch Treasure Volt explode
Last updated
Power the Vault: Burn, Earn, and Watch Treasure Volt explode
Last updated
"The Treasure Volt" is the magic behind Volt tokenomics, that insures a perpetual auction with a deflationary token.
Source: After the initial 10-day period, "The Treasure Volt" is the exclusive source for auction tokens.
Starting Supply: "The Treasure Volt" begins with zero tokens.
Daily Auction: 20% of the tokens in "The Treasure Volt" are available for auction each day after Day 10.
Token Entry: Tokens enter "The Treasure Volt" when purchased via Volt's Buy and Burn/Build mechanism.
Recycling Mechanism: 50% of tokens acquired from the liquidity pool through the Buy and Burn/Feed are sent to "The Treasure Volt."
Buy and Burn Impact: The daily buy and burn process reduces the number of tokens, decreasing the overall supply available for future auctions.
Permanent Supply Decrease: This process ensures a permanent reduction in the total supply of Volt tokens, making the token deflationary.
Deflationary Auction System: "The Treasure Volt" allows the Volt token to be deflationary while sustaining an auction system.
Arbitrage Incentives: The auction system encourages arbitrage between the auction and the liquidity pool, as 80% of the value is directed into the buy and burn/feed mechanism.
