🔥Deflationary Mechanism

Deflationary Mechanism in HashMind: Enhancing $HASH Token Value

HashMind implements a deflationary mechanism as a fundamental aspect of our economic model. The primary purpose of this approach is to enhance the value and stability of the $HASH token over time by reducing its total supply in circulation.

Burning of $HASH Tokens

• Mechanism of Token Burn: Central to our deflationary strategy is the systematic burning of $HASH tokens. This process permanently removes a portion of the tokens from circulation, thus reducing the overall supply.

• Sources for Token Burn: The burn mechanism is triggered through various activities within the HashMind ecosystem:

  • Service Fees: 50% of the $HASH tokens collected as service fees from VM access are burnt.

  • Subscription Fees: Similarly, 50% of the monthly subscription fees paid in $HASH for VM services are also subjected to burning.

  • Additional Buyback & Burn Events: HashMind may also periodically initiate additional token buyback & burn events using funds in the Treasury as part of our economic strategy, further contributing to the deflationary effect.

Impact on Token Value and Ecosystem

• Enhanced Token Scarcity: The reduction in the total supply of $HASH tokens creates scarcity, which can positively influence the token's value, assuming demand remains constant or increases.

• 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 HashMind. This stability is beneficial for both long-term investors and everyday users of the platform.

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