Dtravel Docs
APIs Docs
  • Introduction
  • Papers
    • Dtravel Litepaper
      • Problems
      • Solutions
      • What is Dtravel?
      • TRVL Token
      • Join the Dtravel Community and Shape the Future of Travel
    • Nite Protocol Litepaper
      • Problems
      • Solutions
      • Protocol Design
        • Nite Token (Nites): A Standardized Representation of a Booking
        • Dusk: The Unifying Language for the Vacation Rental Industry
        • Protocol Listing Data Flow
        • How This is Different from Web2 Systems Today
      • TRVL Token: Promoting Nite Protocol Decentralization
        • Benefits of Using TRVL in the Nite Protocol
      • New Possibilities that the Nite Protocol Enables
      • Why Adopt the Nite Protocol
      • How Dtravel Will Support the Protocol
      • How to Contribute to the Nite Protocol
    • Dtravel DAO Governance
      • Our Guiding Principles
      • Contributing Teams
      • How Community Members Can Vote
        • How does Snapshot work?
        • Why is Dtravel using Snapshot?
        • Dtravel Snapshot
        • How do community members use Snapshot for voting?
        • How can community members get TRVL to vote?
      • Join the Dtravel Ecosystem
    • TRVL Token Economics
      • Why is TRVL Critical to the Success of Dtravel?
      • Why is Dtravel Critical to the Success of TRVL?
      • TRVL Token Model Within Dtravel
      • TRVL Utility
      • TRVL Sustainable Token Model
      • Impact of TRVL Utility and Token Model
      • Growth Incentive Programs
        • Booking Mining
        • Exploration
        • Geographical Density
        • Community Building
      • Join the Community and Shape the Future of Travel
      • Legal Notice
  • Community
    • Twitter
    • Discord
    • Telegram
    • Facebook
    • Youtube
    • Linkedin
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  1. Papers
  2. TRVL Token Economics

Impact of TRVL Utility and Token Model

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.

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Last updated 1 year ago

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