Smart Layer is considering using a portion of the ecological fees for a buyback and burn program
ChainCatcher message, Smart Layer is considering using a portion of its ecosystem fees for a buyback/burn plan, which will repurchase SLN tokens from the open market and either hold or burn them, removing them from circulation, reducing the circulating supply, and applying upward pressure on the SLN price.
The SLN token is designed to capture the value of the entire ecosystem, including Smart Layer Network, Smart Layer Launchpad, and all tools and technologies. The token has fundamental uses for staking, payments, serving as Gas, and transaction fees.
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