TRUMPET Token - Additional Details

The $TRUMPET token is 100% backed and will always have a backing. There are no algorithmic or inflationary mechanisms, as every token in circulation must be bought (minted). $TRUMPET tokens will always be redeemable for the price listed, minus the redemption fee.

Both Minting (i.e.Buying) and Redeeming (i.e. Selling) through the Mint and Redeem contracts will cause price appreciation.

There will be no capped supply.

  • Supply is determined by mint and redemption volume.

  • Minting increases supply.

  • Redemption reduces supply.

    • Redeemed $TRUMPET tokens are burnt/destroyed and removed from circulation.

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