🎁Price Stability

The stability of the DRN Token is maintained through several mechanisms:

Dual Pricing Mechanism

Chainrewardz and Chainrewardz DAO will operate a dedicated portal where DRN tokens can be redeemed for services across 2000 brands, including 2.5m hotels and 200 airlines. The redemption price of DRN will be updated quarterly or as needed, ensuring it does not fall below the ICO price. This mechanism guarantees that DRN holders can redeem their tokens for services at a stable price, inviting arbitrage opportunities and mitigating volatility in decentralized (DEX) or centralized exchanges (CEX). By establishing a base price for the token, this system enhances stability. Furthermore, it is reinforced by a traditional credit system and an extended timeframe for B2B payments, protecting the ecosystem from short-term market attacks and allowing token price to recover.

Token Burn Mechanism

Chainrewardz and Chainrewardz DAO will implement a token burn mechanism to manage the total supply of DRN tokens. This process aims to increase the value of the token during deflationary periods by reducing the overall supply.

Market Makers

Market makers to provide liquidity