๐Ÿ’ธ$ENOCH Investor benefits

Key Points

  • No Vesting, 100% token unlocked at TGE

  • 12 months Token Staking at 40% APY

  • 59% of the total token supply goes to the investors

  • Deflationary Token Mechanism

Deflationary Mechanism

  • By reducing the circulating supply of the $ENOCH token through burning, the value of the remaining tokens can increase over time.

  • Stabilizes the price of the $ENOCH token by reducing the supply and potentially reducing inflationary pressures.

  • $ENOCH Token holders may benefit from the increased value of their holdings and a more stable market

How $ENOCH token buy back will work?

A buyback and burn program is a way for the Enoch platform to reduce the overall supply of the $ENOCH token. The process involves Enoch Treasury buying back a certain amount of its tokens from the market and then sent to a zero address, which means that these $ENOCH tokens can never be spent again.

How $ENOCH token auto-burn will work?

$ENOCH Auto-Burn will be both objective and verifiable, depending of profit generated on the Enoch Platform through the sale of product and services with use of $Enoch, and will be automatically adjusted in that the burn amount will be based on the price of $Enoch , which, in turn, reflects the supply and demand for $Enoch, during a quarter calculated on the basis of on-chain information.

Last updated