Article Summary, Automatically Generated By AI
Summary of Banus.Finance
- Native token: BANUS
- Total supply: 500M
- Deflationary token with eternal buyback and burn wall
- 50% of fees generated on the platform used for buyback and burn
- Daily repurchase and burn of BANUS tokens using a percentage of revenue generated from fees
About Banus.Finance
Introducing Banus.Finance, a pioneering decentralized finance (DeFi) platform designed to revolutionize the cryptocurrency landscape.
The native token of banus.finance, a decentralized perpetual futures DEX, is Banus, a deflationary cryptocurrency with a perpetual buyback and burn mechanism, wherein 50% of the fees generated on the platform are allocated towards this purpose. With a capped total supply of 500 million, a portion of the revenue generated from fees will be utilized for daily repurchases, subsequently followed by token burning.