Quote from: the rise on July 31, 2022, 06:11:53 PM

I've seen several projects that are almost the same as the afterburner project but most of the projects with concepts like auto staking are just hype at the beginning and eventually fade too, will this be different from the others, because we know that for sure they will continue to pay for it? this token holder will cause the price to weaken

The thing that separates $ARB from the rest is that, our project's main focus is burning tokens; hence it's called Afterburner. Most DeFi 2.0 rebase protocols suffered in the long run as you said. We're on DeFi 3.0 with Afterburner now and our vision is to become a long-term project with great sustainability utilities implemented.

The Afterburner Engine Tax that is collected from token transactions will be accumulated in Afterburner's Reward Pot. The collected amount will depend on the result of the engine's internal performance and it will be sent to the Burning Chamber directly. Check out the "Afterburner Engine" page on our whitepaper to gain an understanding of what I'm talking about.

Due to the Burning Chamber's respective nature, 15% of the chamber's BUSD holdings will be allocated for its automated buyback mechanism every week.

The Burning Chamber will enforce a self-regulating supply control policy over the protocol and constantly remove some part of the circulating supply in order to keep the protocol stable and perpetually increase the value of the $ARB tokens that remain in circulation, and in the market.

The Burning Chamber will also accumulate further $ARB tokens from another Buyback Mechanism that is being maintained by The ARB Treasury!

The AFTERBURNER Protocol will be backed by two separate buyback mechanisms and The Burning Chamber will burn 2% of its total $ARB holdings daily.

All in all, we're burning most of the tokens we collect from the fees and allocate some of it for future buybacks to back up the protocol. Thus, $ARB stands strong against minor price drops and gains back its value thanks to our innovative utilities.

Check out our whitepaper to get detailed information about our features and $ARB in general: https://vertexbsc.gitbook.io/afterburner-finance/protocol-basics/feel-the-combustion