Burn Mechanism

DegenVerse incorporates a token burn strategy to increase scarcity and potentially drive token value. The burn mechanism includes:

  1. Transaction Fee Burn DegenVerse permanently burns 10% of each transaction fee, removing those tokens from circulation.

  2. Gaming Rewards Burn To maintain Memecoin scarcity, 5% of each distributed reward in gaming scenarios is burned, reducing the circulating supply of $DVERSE.

  3. Platform Revenue Burn DegenVerse allocates 3% of its total revenue for periodic buybacks and burns of $DVERSE, further limiting circulating supply and supporting long-term token value.

  4. Scheduled Burns During the initial phase of token issuance and at regular intervals thereafter, large-scale burns will be conducted to enhance scarcity and reward holders.

PreviousToken UtilityNextRoadmap

Last updated