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Price support mechanisms
A portion of the trade fees collected by the Waterfall protocol are used to buy back WTFX from the market and burning it. This creates demand for WTFX which favorably affects the price while at the same time reduces its circulating supply.
The Waterfall team has decided to lock our share of the WTFX tokens for at least 3 months. This prevents us from creating potential short-term sell pressure.
The Waterfall team has decided to use the Harvest Lockup feature to reduce the pressure on reward sales.
Last modified 4mo ago