ACORN Supply, Buyback & Burn Mechanism

ACORN Supply

Currently, ACORN is an inflationary token with an unlimited supply. However, inflation is inevitable as ACORN tokens are minted continuously. To slow inflation, we build buyback & burn mechanism to have control of the balance and manage better tokenomics.

Buyback & Burning Mechanism

Here is the composition we build to buyback and burn ACORN tokens. In Acorn Finance, transaction fees include protocol fees while one transaction proceeds.

ACORN buyback amount = ACORN market price in TTSwap / 0.025% protocol fees

All the ACORN buyback amount will be permanently burned once a day.