POWER（ETHW）

POWER is our platform token, and we will empower the long-term development of PowerSwap through the POWER token. POWER is the only DEX platform token with a deflationary model. When selling POWER tokens, sellers need to pay a 5% sales tax, of which 3% will be burned, and 1% will be used to add liquidity to POWER and The added liquidity is locked forever, and 1% goes into the long-term operation fund of the project.The initial supply of POWER tokens is 1 billion. Assume the daily transaction turnover rate is 10%, POWER tokens will be burnt 44.5% after one year, 73.3% after two years, and 89.3% after three years. Burning will stop when the amount of POWER tokens drops below 10millon.In order to maintain the continuous development of PowerSwap, we will issue an additional 0.2% of the total supply every day to reward liquidity providers and community users after 20% of the total POWER is burned. The rate of additional issuances is halved every 365 days.