Ohplay.club
  • Introduction
    • Market Analysis
    • The OhPlay vision
    • Roadmap
  • Ohplay coin ($OH)
    • Token Specifications
    • Tokenomics
    • Utilities of $OH
      • Wager-to-vest
      • Buy back and burn
  • Public Sales
    • ICO
      • Sales affiliate
        • Referrer rewards
        • Referee rewards
      • Lootbox
  • OHPLAY'S NFT COLLECTIONS
    • Elite Access NFTs (Gamers' NFT)
      • Utilities
      • How to own NFT
    • Casino owners' NFT
    • Original Games NFT
  • Airdrop
    • Airdrop
  • PLATFORM
    • Games
      • Original games
        • Provable fairness
      • Partner's games
      • Events
        • Daily Wager Tournament!
        • Dice Trio's Electrifying Jackpot Event
        • Crash Event
    • Deposit bonus
    • VIP Program
    • President Club
    • Invest
    • Affiliate
    • Casino license
    • Responsible Gaming and Gambling
    • Terms Of Service
  • Additional
    • Official links
Powered by GitBook
On this page
  1. Ohplay coin ($OH)
  2. Utilities of $OH

Buy back and burn

In near future, where certain conditions are met, Ohplay Team will deploy "Buy back and burn" campaigns for the following purposes:

  • Decreasing token supply: By burning tokens, the remaining token supply in the system decreases, contributing to inflation control and creating value for the remaining tokens.

  • Increasing token value: As the token supply decreases, the supply-demand ratio may change, potentially leading to an increase in the value of the remaining tokens.

  • Community involvement: Burning tokens can be used as a way to engage the community, as token holders benefit from maintaining and increasing the value of the remaining tokens.

PreviousWager-to-vestNextICO

Last updated 1 year ago