Playtoo Whitepaper
  • INTRODUCTION
    • πŸ˜‰Quick Peek
    • πŸ‘‹Welcome
    • 🌟Key Summary
    • πŸ‘©β€πŸš€Vision
    • πŸš€Innovative solutions
  • PLAYTOO CORE
    • πŸ’²Overall Platform Economy
    • 🍿Web Platform & Web App
    • πŸ§‘β€πŸ’»Platform for Developers
      • ❀️Devs multiplies rewarding
      • πŸ†Devs multiplies benefit
    • πŸ•ΉοΈGames
    • πŸ€‘Token Utility
    • πŸ…Weekly Sweepstake
    • 🌏Ecosystem
    • πŸ§‘β€πŸ«Our Methodology
    • 🏎️Our RoadMap
    • πŸ‘·Team
  • CRYPTO TOKEN
    • πŸͺ™What is $PLT Token
    • πŸ’°Tokenomics
    • βš™οΈ$PLT mechanisms
      • πŸ†Staking
      • πŸ‘¨β€πŸ’»Developers Long-Term Incentive
      • πŸ”₯Burning
      • πŸ“’Special events
    • πŸ›’Where to buy $PLT tokens
    • πŸ‘½Blockchain Tech
  • USEFUL
    • πŸ€–Final Summary
    • 🧠What's new?
    • 🌐links & Resources
    • ❓FAQ
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  1. CRYPTO TOKEN
  2. $PLT mechanisms

Burning

PreviousDevelopers Long-Term IncentiveNextSpecial events

Last updated 5 months ago

Ongoing Burn Structure

  • A 5% of Playtoo's 10% fee collected from each tournament, 1v1 challenge, and multiplayer match on the platform will be burned to enhance the token's value stability and ensure a sustainable token economy.

  • Profit-Driven Burning: A portion of Playtoo’s platform profits of 2.5% of quarterly profits, will be allocated to repurchase and burn $PLT tokens. This approach aligns the reduction of token supply with the financial success of the platform, reinforcing the token's intrinsic value

  • Ecosystem-Triggered Burning: Specific actions within the Playtoo ecosystem, like the conclusion of major tournaments, achievement of project milestones, or special community-driven events, will trigger additional token burning. This mechanism not only helps in regulating the token supply but also engages the community in key platform activities.

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