Position Exchange
  • Position Exchange Introduction
  • Getting started
    • Create a wallet
    • Get BEP20 Tokens
  • Business and Partnerships
    • Community Leaders Referral Program
  • Position Token (POSI)
    • What is POSI?
    • A Deflationary Token
      • Buy back and Burn
      • Anti-whale
      • Harvest Lock up
    • RFI Technology
    • Buy POSI
    • POSI Tokenomics
    • How is the TVL Calculated?
  • Products
    • Perpetual Trading Protocol
      • Perpetuals basics
        • Why Can't I Place a Futures Order?
        • Order type
        • Leverage for Perpetual Futures Contracts
        • Mark Price in Perpetual Futures Contracts
        • Funding rates
      • Beginner's guide
        • Connect your Wallet
        • Open Position
          • Open Limit Order
          • Open Market Order
        • Adjust Margin
          • Add Margin
          • Remove Margin
        • Set TP/SL
        • Close Position
          • Close Market
          • Close Limit
        • Position Exchange's Futures Transaction Fees
        • Trading Perpetuals
        • How to adjust the Leverage
        • Funding rate
        • Crypto Perpetuals
      • Perpetuals Specs
        • Smart Contract Reverted Error Code
      • Futures Referral
        • Futures Referral for Referrer
        • Futures Referral for Referee
      • Futures Task
    • DEX 2.0
      • Spot Trade 2.0 User Guideline
      • Concentrated Liquidity
        • Initialize a new pool
        • Add and Remove Liquidity
        • Shift range
        • Increase Decrease Liquidity
      • DEX Referral Rules
      • Incentives Programs
        • Position Exchange DEX Airdrop Introduction
        • DEX Airdrop Referral Rules
        • Lucky Fee
        • How to join Pancake Migrate Airdrop
        • How to join the Liquidity Providers Incentive Program
        • How to join the Lucky Fee Program
        • Reward Distribution Schedule
    • Exchange
      • Token Swaps
      • How to trade
      • Liquidity pools
      • How to Add/Remove liquidity
    • Position Bonds (Crypto Bonds)
    • Position P2P Bond
      • Sale rules
      • User's guide
        • How to issue a bond
        • How to purchase a bond
        • How to manage a bond - For issuers
        • How to claim assets when Bond's liquidated/matured - For holders
      • Liquidation
      • Policy
      • FAQs
    • Farming
      • How to use farms
    • Staking
    • NFTs
      • How to Cast & Stake NFTs
    • Referral System
    • Vaults
    • Gain Grid
      • Getting Started with Gain Grid
      • Volatility Interest
      • Gain Grid Frequently Asked Questions (FAQs)
      • Gain Grid Referral Program
      • Gain Grid Terms and Conditions
    • 📱Mobile App
    • Migration
      • Farms/Pools Migration Guideline
      • Vesting Schedule
      • New Staking Contracts
  • Whitepaper
  • Security
    • Audits
    • Privacy Policy
  • Others
    • Contracts
    • Social Accounts
  • Governance
    • What is Position Exchange Governance?
  • Roadmap
    • Position Exchange & Development Plan
  • Community
    • Reports (Bugs, Feedback, Suggestions)
    • Frequently Asked Questions (F.A.Q)
  • Events
    • POSI Twitter Lottery
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  1. Position Token (POSI)
  2. A Deflationary Token

Buy back and Burn

Once the Derivatives Trading Protocol feature is operational, 100% of the Trading fees will be used to Buy Back and Burn POSI. The tokens are burnt in order to reduce the overall POSI tokens circulation, stabilize the token price and create deflation.

Black hole address: Coming soon.

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Last updated 3 years ago

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