DeFiant Token
Announcement Page
Posted
on:
Feb. 01, 2023
Total Announcements:
7 herald post(s)BURN IT ALL
Update
What is the difference with our burn? Let me take a moment to break down the two types of burns implemented within the new contract.
1) Incinerator Buybacks: Buys/sells place ETH into a queue in the contract. Once that queue reaches .1 ETH in value, it will place a buy order on the chart.
Buys coming from this address are burned off-chain forever, reducing supply. This process expedites deflation.
2) True Burn: A percent of all buys/sells are immediately burned off-chain forever, further reducing total supply on every trade.
3) Community Burns: Want to try burning some tokens to see how our true-burn tech works? You can simply send any amount of tokens to the incinerator address and watch it get removed from the blockchain forever!
Burn it all!