> For the complete documentation index, see [llms.txt](https://cryptify.gitbook.io/cryptify/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://cryptify.gitbook.io/cryptify/revenue-and-payment-structure/usdcrypt-buyback-and-burn-program.md).

# $CRYPT Buyback & Burn Program

Unlike many projects that rely solely on hype, Cryptify prioritizes long-term value for our native token, $CRYPT. We achieve this through a buyback and burn program, strategically designed to foster a thriving $CRYPT ecosystem.

### **Buyback and Burn Explained:**

This strategy reduces the total supply of $CRYPT tokens, potentially increasing their value. Here's how it works:

* **Continuous Buybacks:**
  * **50% of platform profits** are consistently used to repurchase $CRYPT from circulation.
  * After 3 months, an **additional 20% of all platform taxes** are also allocated for further buybacks.
* **Deflationary tokenomics:**
  * Repurchased $CRYPT tokens are permanently burned, reducing overall supply.
  * Fewer tokens, potentially higher value per token.

### **Why Buyback and Burn?**

By strategically reducing supply, the program can positively influence price:

* **Scarcity:** Fewer tokens = potentially more valuable tokens.
* **Holding Incentive:** Potential price appreciation encourages holding $CRYPT, promoting a healthy token ecosystem.