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  • 👋LEGAL DISCLAIMER
  • Overview
    • 🌌BUSINESS CONCEPT
    • ✨INTRODUCTION
  • Product Guides
    • 💡BIOKRIPT SOLUTIONS
    • 💰BIOKRIPT'S REVENUES
  • Fundamentals
    • 🛠️CRYPTOCURRENCY EXCHANGE PROFITABILITY
      • 📝VISION STATEMENT
      • 🧑CRYPTOCURRENCY MARKET
  • Use Cases
    • 🎨MARKET CHANGES
    • 🎯TARGET MARKET
  • 💹MARKETING
  • 🛂BIOKRIPT SMART CONTRACT
  • 🔥TOKEN BURN
  • 🚨BIOKRIPT TOKEN DISTRIBUTION
  • 💱CURRENT CRYPTOCURRENCY EXCHANGE MODEL
  • 🏢BIOKRIPT’S ARCHITECTURE
  • 🚂BIOKRIPT’S TRADING ENGINE
  • 👝BIOKRIPT’S STATE CHANNEL TECHNOLOGY
  • 🪙BIOKRIPT TOKEN
  • ⛏️LIQUIDITY MINING
  • 🔐VESTING
  • 🔚CONCLUSION
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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.

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Last updated 1 year ago

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