TRVL price

TRVL

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Whenever any fees are paid in TRVL, they are discounted. When fees are paid in fiat and other cryptocurrencies, they are used to buy back TRVL. The fees converted to or paid in TRVL are split and allocated to:

1. Stake-to-Boost Vault
2. Stake-to-Earn Vault
3. TRVL Community Treasury
4. Burn Bin

The three pillars of TRVL utility generate strong demand for TRVL, whereas the token model is designed to reduce the circulating supply of TRVL.

Discounted fees, rewards, and the possibility to vote to approve grants and choose the protocol and tokenomics parameters create demand for TRVL and encourage growth in fee-paying users. The buyback removes TRVL from the market, reducing the circulating supply. Recyclable burning makes it harder for TRVL to be brought back into circulation by locking it. The staking vaults encourage users to keep their TRVL holdings out of circulation.

The maximum supply of TRVL is fixed at 1,000,000,000 (1 billion).

Learn more about TRVL by visiting https://www.dtravel.com/token.