LocalCoinSwap uses 20% of the trade fees collected on the platform to buy back LCS on the open market. These LCS will be subsequently burned.
Buybacks occur every 2 weeks and take place on either Uniswap or Hotbit (on a rotating schedule).
This buyback and burn process creates forced demand for the LCS tokens and continually increases each holder %-ownership through a constant reduction in the total supply.
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