Token Burn Mechanism

Reducing Supply for Long-Term Value

To maintain a balanced and sustainable ecosystem, SYNK implements a token-burning mechanism that reduces the overall supply of SYNK tokens over time. For every transaction or service paid for with SYNK tokens, 20% of the tokens used will be permanently burned. This strategic reduction in supply increases the scarcity of SYNK tokens, helping to drive long-term value for all token holders. This burn mechanism complements the team’s ongoing buyback initiatives, further ensuring the stability and value of the token throughout the project’s lifecycle. Together, these efforts reinforce SYNK’s commitment to maintaining a healthy and sustainable token economy as the platform grows.In addition to these burns, the team's buybacks aim to continuously support and stabilize the token's value, ensuring long-term confidence in SYNK's ecosystem.