What is Protect & Burn mechanism?

With Protect & Burn, we reward long-term CHSB holders by placing orders to buy-back and burn only when the price of the token is going down. In this way, we protect our token and, more importantly, our long-term token holders in alignment with our mission to promote innovation that rewards our loyal community members.

Shifting minds and making traditional investors a part of the token economy with a community-centric mindset is a tough challenge and will not happen overnight.

Every month, we will add 20% of the profits made on fees in the SwissBorg App to a reserve to protect the price of our token. When the price arrives in a bearish zone (the 20-day moving average is our indicator), we automatically place buy orders.

We also want to propose to you a possibility to check the CHSB Performance overview here.