Deflationary Process
How Deflationary Process Works for AzeroBoys.
Last updated
How Deflationary Process Works for AzeroBoys.
Last updated
Deflation is a general decline in prices for goods and services, typically associated with a contraction in the supply of money and credit in the economy. During deflation, the purchasing power of currency rises over time.
Floor Sweeping brings AzeroBoys to a deflationary level. Let’s see how.
5% of the total supply will be intended to be used to sweep floor. Everytime we’ll sweep the floor, 20% will be given back to right holders, the remaining 80% will be kept in treasury and will be forever out of the market.
What does it mean?
Let’s do an example.
Week 1: 5 NFTs under the mint price. Team sweep those NFTs.
4 NFTs (80%): Kept in treasury, out of secondary market.
1 NFT (20%): Holders GIVEAWAY.
This means that the total supply will be different from the circulating supply
Circulating Supply: 3328 NFTs
Total Supply: 3333 NFTs
Doing so, the project will become deflationary and the value will increase over time.