XRIDE White Paper
  • Welcome to the Xride
  • Xride introduction
    • What is the Xride Project and What does it offer?
  • App ecosystem
    • Peer to Peer Ride
      • DeFi Web3 Fare payment system
      • Bidding system
      • Cancellation of trips
      • Second route or waiting request in trip
    • Drivers NFT
      • Allowance for drivers
      • Drivers achievement points
    • Passengers NFT
      • Passengers achievement points
      • Passenger Loyalty Rewards
    • Internal wallet
    • Artificial intelligence
    • DeFi Revenue-Sharing Mechanism
    • Decentralized Data Storage
    • On-chain peer-to-peer calls and messages
  • Next Developments
    • Food and Package Delivery Services
    • Delivery Smart Insurance
    • Flight and hotel booking
    • Xride Online Shop
    • Xbank
  • Project Tokens and Economy
    • Introduction XRD and Tokenomic
    • Anti-inflation Mechanism
    • Burning per transaction
    • XRD fundraising plan
    • Sale Proceed Allocation
    • What is the X token?
  • Other Features
    • Airdrop Campaign in Telegram Mini App
    • Xride Digital ID
    • NFT Staking
    • XRD staking
    • X staking
    • Xride earn
      • lottery
  • Community and business development
    • VIP Drivers and Passengers
    • Drivers Club Referral Program
    • Passengers Club Referral Program
    • Community Vote
    • Business and Partnerships
      • Freelancers reward Pool
      • Collaboration staking Pools
  • Legal affairs and security
    • Xride company
    • Smart contracts Audit
    • Bug Bounty Program
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On this page
  • XRD Static and Dynamic Burning Anti-inflation Mechanisms
  • Buy Back
  • Dynamic burning
  • Use cases:
  1. Project Tokens and Economy

Anti-inflation Mechanism

PreviousIntroduction XRD and TokenomicNextBurning per transaction

Last updated 11 months ago

Controlling the price of XRD and the circulating supply of tokens will be our top priority.

We are implementing anti-inflation measures to keep the XRD price stable, encourage users to hold, and ensure the best possible benefits for holders.

Therefore, from the beginning, we have been careful that users' property is not endangered, and we planned to create the right supply following the demand.

We have a clear plan for controlling token inflation designed with the support of several years of experience and expertise that we have acquired in the financial markets.

XRD Static and Dynamic Burning Anti-inflation Mechanisms

To neutralize inflation, We Design two burning models and implement them at the same time to ensure the best results for investors and all the XRD holders.

Buy Back

we will use 25% of our income through earned commissions and 25% of VIP subscription fees to buy back XRD from the market.

Dynamic burning

Dynamic burning is obtained from ecosystem income, and we burn all of them, including:

100% of the NFTs Level upgrade fee

100% of the NFTs Maintenance Fee

100% of the NFTs Royalties fee

100% of the Lottery Fee

100% of the early unstake fee

100% of the transfer burn fee

Use cases:

We are always trying to give different features to the token because this increases efficiency, puts the project on the right track from an economic point of view, and does not suffer inflationary damage.

We have designed 12 different functionality cases for the XRD and will have more in the future.

Xride DeFi Revenue-Sharing flow chart with Staking reward pools and burning mechanism