Top Trader Token (TTT) is a unique token designed to improve interaction between traders and investors on the Top Trader platform. With an issuance of 50 billion tokens, TTT plays a key role in the ecosystem of our platform.
Key functions of TTT:
1. Commission Payments: Traders and investors can use TTT to pay for commissions on the Top Trader platform. This is convenient and advantageous, as it allows users to reduce transaction costs.
2. Token Burning: When commissions are paid, TTT tokens are burned, which helps decrease the total supply in circulation and, consequently, increases the value of the remaining tokens. This process creates scarcity and raises interest in the token, positively impacting its market value.
3. Pricing Policy: TTT tokens are sold on the platform for $0.90, while the commission fee when paid in fiat is $1. Thus, each token purchased for $0.90 can be used to pay a commission that would otherwise cost $1. This creates an incentive to use TTT, increasing its demand.
4. Value Increase: Considering the burning of tokens, the value of TTT will grow as the overall supply decreases in the market. We offer an equation for calculating the token’s value, formulated as:
P = Pbase × (Initial Supply / Current Supply)
Where:
P — current price of the token.
Pbase — base price of the token ($0.90)
Initial Supply — initial number of tokens (50 billion)
Current Supply — current number of tokens in circulation after burning.
Thus, as tokens are burned, their value will increase, ensuring reliability and stability for investments on our platform.
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