Executing Sales Trades:

At FairCarats, transparency and accountability are not just principles; they are woven into the very fabric of our operations. When a sales trade occurs, and gemstones from our inventory find a new home, we ensure that every step is not only recorded but also communicated openly to our valued token holders.

Gemstone Removal and Token Buyback:

Upon the execution of a sales trade, the corresponding gemstones are promptly removed from our inventory. Simultaneously, we initiate a process known as “token buyback” on the blockchain. Before our company can burn the tokens, we commit to buying them back from the blockchain with a margin, ensuring that investors receive a fair profit for their contribution. This buyback process is a testament to our dedication to ensuring that our investors not only contribute to our success but also benefit from it.

Token Burning After Buyback:

Once the tokens are repurchased from the blockchain, the associated FairCarats tokens are permanently removed from circulation through the process of “token burning.” This ensures a seamless alignment between the number of tokens in circulation and the carats of gemstones present in our inventory.

Transparency on Our Website:

To provide real-time visibility into the minting, buyback, and burning activities, we’ve established a dedicated section on our website. Here, you will find a comprehensive record of each instance of gemstone creation, token minting, sales trade execution, token buyback, and token burning.

This transparent ledger not only serves as a testament to our dedication to openness but also empowers our community to track and verify the correlation between FairCarats tokens in circulation and the gemstones backing them. We believe that an informed community is the cornerstone of a thriving ecosystem.

Empowering Through Fair Profit:

We are committed to ensuring that our investors not only contribute to the growth of FairCarats but also participate in the success they help create. The token buyback process, coupled with a margin for profit, is a tangible expression of this commitment.

Welcome to FairCarats – Where Every Trade is Accompanied by Fair Profit and Transparency.