COVER AI
  • 👋Welcome to COVER A.I.
  • 🪪 How to Access Picks
  • ✅ 3rd Party Verified Record
  • 📚Frequently Asked Questions
  • 💯 Our Guarantee
  • 📱 Coming Soon: COVER AI Mobile App
  • 🪙 $COVER Token
    • 👋 Introduction
    • ⚙️Token Utility
      • 🔑 Exclusive Access
      • 🔥Buyback and Burn
      • 💰 50% Rev Share
      • 🗳️ Governance
      • 🎫 COVER Lottery
    • 🪙Tokenomics
    • 💰Tax Structure
    • 🥩Staking
  • About Us
    • 👨‍💼 Our Team
    • 🚀 Mission & Vision
    • 💙 Values
  • 👥Socials
    • 🌐 Our Website
    • 🪙 Buy COVER with Coinbase Wallet
    • 🦄 Buy COVER on Uniswap
    • 📈 COVER Dexscreener
    • 🛠️ COVER DexTools
    • ✖️ Twitter/X
    • 📱 COVER Telegram Community
  • 💡Information
    • ✅Terms and Conditions
    • 📃Disclaimer
    • ℹ️ Support
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  1. 🪙 $COVER Token
  2. ⚙️Token Utility

🔥Buyback and Burn

The COVER AI Buyback and Burn program, is a strategic initiative designed to boost the value and scarcity of the COVER AI token by effectively using our revenue streams.

Our Buyback & Burn mechanism stands as the cornerstone of COVER AI's tokenomics, creating powerful deflationary pressure that benefits every single token holder. Unlike projects that simply promise future value, we've implemented a tangible, verifiable system that actively reduces token supply on a consistent basis, driving scarcity and appreciation.

Here's what makes our approach special: a full 30% of all platform revenue is automatically allocated to purchasing $COVER tokens directly from the open market. These tokens aren't redistributed or held in treasury—they're permanently removed from circulation through verifiable burns to our dedicated burn address. This creates a continuous reduction in supply that becomes increasingly impactful as our platform grows.

The beauty of this mechanism is its perfect alignment with platform success. As our prediction accuracy attracts more users and generates more revenue, our buyback capacity increases proportionally, creating a virtuous cycle where ecosystem growth directly translates to token appreciation. Our weekly buyback schedule ensures consistent market support rather than unpredictable, one-off events.

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Last updated 1 month ago