I would like to remind everyone to hold their coins after the ICO;
''Burning of tokens
The main incentive to buy and
hold tokens however is the burning mechanism. Over time, UTRUST plans to burn a total of 90% of all tokens in circulation, taking them out of circulation permanently, thus theoretically increase the initial value 10-fold.
UTRUST charges a fee of 1% on every payment. Up to 20% of this fee (so up to 0.2% of every payment made with non-UTRUST tokens) is being used to buy back tokens from partnering exchanges at market-rate and send them to an address that nobody owns, making them virtually untouchable, even for UTRUST.
This mechanism is limited to up to 50 million tokens every year and stops when only 100 million tokens are left in circulation. Note that UTRUST says “up to”, so the amount burnt is not guaranteed. Nuno (CEO) clarified this by stating that the amount will be adjusted based on the total UTRUST transactions made, to burn an average of up to 50 million throughout every year.''
source:
https://medium.com/@cointrackr/utrust-8e814a2dbedb