AurumTrust AUT
AUT
0.00004343
$
7.93 %
Change 24h
Market Cap
$ 35,253
Volume 24h
$ 425.90
Circulating Supply
811,729,078
Total Supply
1,000,000,000
AUT
$
| # | Exchange | Pair | Price | Volume 24h |
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Description
AurumTrust: Deflationary Token on Cronos Chain
Overview
AurumTrust is an experimental token featuring a buy-back and burn mechanism funded by gold trading profits.
Mechanism
15% of weekly gold trading profits will be used to buy back and burn tokens.
The first burn is set for April 14, 2025, but may happen earlier if profits allow.
Founder’s Role
The founder holds 40% of the supply and will only sell tokens to fund the trading account.
Any unused tokens will be burned.
Transparency & Duration
Weekly profits and buy-back transactions will be posted on the official X (Twitter) account.
The experiment continues until all tokens are burned or the trading account is liquidated.