A Deflationary Token
Last updated
Last updated
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.