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TOKEN BURN
To create scarcity, we’ll create a unique token burn. 10% of all trading fee revenues will be set aside for token burn, and for every 100% BKPT appreciation, we’ll start with a 1% burn of the entire token supply. This burn rate will be dynamic, so in the case of a rapid price appreciation the percentage burned will move down to 0.5%, 0.3%, and 0.1%. Token burn will happen every 90 days, and in the case we don’t achieve sufficient trading revenues, we’ll start burning the tokens from our Treasury.
Last modified 2mo ago