The XPL token is the core of the XP ecosystem, driven by a deflationary economic model to stimulate value growth. Its core mechanism lies in: a portion of taxes is deducted from every transaction, which is automatically used to burn tokens and enhance liquidity, continuously reducing the circulating supply and creating scarcity. At the same time, the XPL token grants its holders voting rights for community governance. The token design deeply ties token value to the development of the ecosystem, serving as a key engine for decentralized governance. #Plasma @Plasma
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