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A Deflationary Token
Controlling the price of POSI as well as the total circulating supply of tokens will be our top priority. Position Exchange’s team is implementing several anti-inflation measures to keep POSI price stable, encourage holding and ensure the best benefits of the holders.
The measures include Anti-whale to prevent price manipulation, setting a harvest lock-up period to prevent farming arbitrage bots from constantly harvesting and dumping in addition to constant buying back and burning of POSI tokens, and reducing block emission.
100% of the fees generated from the Derivatives Trading Protocol will be used to Buy Back and Burn POSI tokens.
Our Smart Contract adds a 1% fee to each transaction that would be proportionally divided to all POSI holders, which would incentivize HODLing, using RFI technology.