6.4 Value proposition

Why should you hold $CHOP?

ChopSui offers a compelling value proposition that sets it apart in the world of decentralized finance. With a focus on sustainability and enhancing token value, ChopSui implements two key mechanisms: a 10% supply burn every quarter and utilizing half of the platform's revenues for $CHOP token buybacks.

The 10% supply burn mechanism ensures a gradual reduction in the total supply of $CHOP tokens over time. Every quarter, 10% of the circulating supply is permanently removed from circulation, decreasing the available token supply. This burn mechanism creates a scarcity effect, potentially driving up the value of the remaining tokens and benefiting existing token holders.

Additionally, ChopSui commits to using 50% of the platform's revenues to conduct $CHOP token buybacks. This means that as the platform generates income from transaction fees, platform fees, and other revenue streams, a significant portion of those revenues is allocated to purchasing $CHOP tokens from the open market. By reducing the circulating supply through buybacks, ChopSui aims to increase the demand for $CHOP tokens and create a positive impact on token value.

These mechanisms work synergistically to enhance the value proposition of $CHOP tokens. The supply burn reduces token supply, while buybacks increase demand, potentially leading to a positive price trajectory. As a result, $CHOP token holders may benefit from potential price appreciation and the overall growth of the ChopSui ecosystem.

ChopSui's commitment to sustainable tokenomics and value enhancement ensures that token holders have the potential to participate in the platform's success and enjoy the rewards of their engagement. Through regular supply burns and strategic buybacks, ChopSui aims to create a token ecosystem that aligns the interests of users and drives long-term value creation.