BlockBeats reported that on September 3, the EtherVista project publicly explained the operating mechanism of its VISTA token. The token is designed as a value-compounding deflationary currency, with a core feature of continuous automatic repurchase and destruction.
The EtherVista system will continuously and automatically purchase and destroy VISTA tokens, and each operation will increase the price floor of the token.
According to official data, 2.17% of the total supply of tokens has been permanently repurchased and destroyed.
