10.6 Scarcity control through Burn
Last updated
Last updated
Burn allows for both inflation control and promotion of user engagement, and the design will support the healthy growth of tokens.
Purpose
Method
Token supply adjustment
Automatic burning from various fees (NFT trading, voting, lotteries)
Increasing engagement
Community-led burn events (e.g. NFT exchange burns)
Optimize supply and demand according to growth
Unused project slots can be burned after proposal and approval