Ultiland has announced that it will allocate 10% of ARToken trading fees to repurchase and burn ARTX tokens. This initiative is part of the platform's real-world asset issuance model, aiming to link ARTX supply with trading volume and business activity. Following the announcement, ARTX prices surged as traders viewed the move as a potential stabilizer for the token's value amid market fluctuations.
The buy-and-burn mechanism is designed as a structural feature of Ultiland's economic model, rather than a short-term strategy. This approach is intended to enhance the token's value proposition by reducing supply in response to trading activity, thereby potentially increasing demand and price stability.
Ultiland to Use 10% of ARToken Fees for ARTX Buyback and Burn
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