Token Burn and Inflation Control

To maintain the long-term value of TURKEY tokens, the project implements a series of burn mechanisms and inflation control strategies to manage the circulating supply and ensure scarcity.

1. Burn Mechanism:

   • TURKEY tokens will be periodically burned according to a predetermined schedule. The burn amount will be adjusted based on the token circulation and market conditions to gradually reduce the supply and increase scarcity.

   • This process will be fully automated via smart contracts, ensuring transparency and fairness in the token burn process.

2. Token Buyback Plan:

   • The project team will also engage in a token buyback plan, where a portion of the revenue or funds raised from various initiatives will be used to repurchase TURKEY tokens from the market and then burn them.

   • The buyback and burn strategy will help further control the circulating supply, increasing the token’s scarcity and enhancing long-term value.

3. Inflation Control:

   • Through token burns and buybacks, TURKEY ensures that the inflation rate is kept under control, preventing an oversupply of tokens in the market that could dilute their value.

   • The project’s periodic token burns and buyback strategy will effectively help maintain a balanced token economy, ensuring that TURKEY retains its value and remains competitive in the market.