🔥Burning Mechanism

As you know, we have created NFT tiers (Passports) for different verticals of our marketplace. Each vertical will have different tiers that provide various benefits based on the tier you choose to obtain.

It's a unique opportunity where each level you acquire grants you access to incredible lifelong benefits.

Our tier system has been carefully designed to offer you an exceptional experience. Each level represents and unlocks exclusive advantages that will provide you with even more value. From exclusive discounts on travel and activities to priority access to events and personalized services, each level offers unparalleled benefits.

HOW TIERS HELP TO BURN TOKENS?

BUYBACK AND BURN

But here's the exciting part: every time you acquire a level, the full amount of your purchase, if made with USDT, will be exclusively allocated for a market-priced buyback of our XHP token. It will then be sent to a pool for subsequent burning.

BURN

On the other hand, if you pay for the tiers directly with the XHP token, they will be sent to the burning pool. This strategy serves a dual purpose: it alleviates selling pressure and generates increased buying pressure, which benefits token holders.

HOW XPOINTS HELP TO BURN TOKENS?

Once a week, the amount of cashback generated with points will be reviewed, and XHP tokens will be burned corresponding to the dollar amount generated.