MOVN WhitePaper
  • 🏅Welcome
  • 💱Currency of Sports ($MOV)
  • 🦸Sports Superapp
    • How It Works For Players
    • Game-Fi Elements
    • How It Works For Business
  • 📲Miniapps
    • Fit Index
    • My Collectibles
    • NTC
    • Universal Ratings
    • Team Captain
    • My Sports Avatar
    • Walk & Collect
    • Shop
    • Honus
    • Meta Arena
    • More Miniapps
  • 🙀Web3 "Full Experience"
  • 💸How We Profit
    • Sale Of Digital Assets
    • Marketplace Fees
  • 📈Growth Plan
  • 🙌MOVN Care
  • 🌅DAO
  • 🪙Tokenomics
    • Blockchain
    • Token Distribution
    • Token Release
    • Burning & BuyBack
    • Rewarding
    • Token Sale
      • Presale
      • IDO and Token Generation Event
  • 🛣️Roadmap
  • 🏛️Company
    • Team
    • Advisors
    • Heroes
    • Community
  • ⚖️Disclaimer
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  1. Tokenomics

Burning & BuyBack

PreviousToken ReleaseNextRewarding

Last updated 2 years ago

The $MOV is a deflationary token, with burning actions every 3 months.

The token burning strategy aims to secure a long-term goal of 100M tokens as circulating supply.

  • Buyback (on the open market) combined with token burn of no less than 10% of net sales.

  • Direct burn of tokens from the Reserve and the Rewarding pools.

🪙
$MOV Burning