Burn and Mint
Vingt.io is committed to fostering a deflationary token economy by actively reducing the total supply of VGT over time. This will be achieved through the following strategies:
Revenue-Driven Buybacks: A portion of the revenue generated from various Vingt.io ecosystem projects will be allocated to buy back VGT tokens from the open market.
Token Burns: Tokens acquired through buybacks will be permanently removed from circulation via periodic token burns, decreasing the total supply over time.
No New Minting: To ensure scarcity and long-term value appreciation, there will be no new minting of VGT tokens. The total supply is fixed at 10 billion, and no additional tokens will be created.
These mechanisms will contribute to reducing the circulating supply of VGT, thereby promoting scarcity and value retention. The full details of the token burn schedule will be disclosed in the future as part of Vingt.io's ongoing commitment to maintaining a sustainable, deflationary ecosystem.
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