APY Backing & Burning

Token burning is a process by which a certain number of tokens are permanently removed from circulation. This can be done for a variety of reasons, but one common reason is to reduce the supply of tokens and increase their value. By reducing the total supply of tokens, token burning can increase the scarcity of the remaining tokens, which can lead to an increase in their value.

Libertas has an innovative buy back and burn program. 1% of the sell fees and 5% of the transfer fees will be used to buy back XLB tokens from the free market