What makes SHHHHHHH valuable?
SHHHHHHH is designed with a protocol-oriented financial model that drives its value through ownership, revenue, scarcity, and alignment with the Ghost Layer’s growth.
Core Value Drivers
Real Ownership: SHHHHHHH is fairly distributed, rewarding early adopters with significant upside as the protocol grows. It provides users with genuine stake in the ecosystem.
Real Revenue: Holding Shhhhhh grants exposure to the total yield generated by the protocol. Approximately 90% of the dollar-equivalent yield is reinvested into SHHHHHHH, which is then acquired from the market and burned, reducing supply and enhancing value for holders.
Scarcity:
Emission Rate: The issuance of SHHHHHHH decreases over time as its circulating supply grows.
Deflationary Pressure: The deflation rate of SHHHHHHH increases as the supply of GHOST tokens rises. Conversely, lower GHOST circulation results in a higher deflation rate. This dynamic preserves SHHHHHHH’s value, favoring early participants.
Decreasing Issuance Over Time
Front-Loaded Distribution: The highest issuance rate occurs in the initial weeks or months, tapering off as the circulating supply of SHHHHHHH increases.
Disinflationary Model: SHHHHHHH follows a deflationary issuance tied to GHOST circulation. As GHOST supply grows, the monthly deflation rate decreases; with lower GHOST supply, deflation intensifies. This ensures the inflation rate remains below the protocol’s revenue growth, preventing token dilution from outpacing economic expansion.
Valuable Through Cash Flows
Direct Rights to Revenue: SHHHHHHH gives holders absolute control over the yield generated by the Ghost Layer—a secure value transfer layer and a yield-generating powerhouse. The token’s value is directly tied to the protocol’s cash flows.
Earnings Per Token (EPT): As Total Value Locked (TVL) increases, the emission model boosts EPT, elevating the intrinsic value of SHHHHHHH. This aligns the token’s worth with the protocol’s success, incentivizing growth and long-term participation.
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