Token Utility
Fee Structure
There are multiple platform fees incurred on through the Swirl Social App. The fees is then utilized for:
Swirl Ambassadors Program Fund: 10% of fees collected is distributed to SAP creators.
Revenue-sharing: 60% of the fees collected is redistributed to $ Swirl Social Token stakers.
Development expenses: 20% is allocated to cover ongoing development expenses
Buyback and Burn: 10% is used to buy back and burn tokens, creating deflationary pressure.
Deflationary Emissions Strategy
Swirl Social tokens are burned every time they are used to purchase subscriptions or any services on the Swirl Social platform, which reduces the total supply of Swirl Social Token and increases its value over time.
See Platform Fees for more information.
Last updated