Smart Burn Tech
Everything Burns
Last updated
Everything Burns
Last updated
Smart Burn Technology Smart Burn Tech is designed to optimize the buy-and-burn process by adapting to market conditions. The mechanism dynamically adjusts its burn rate to "buy the dip," increasing efficiency and maximizing the impact on token value. When token prices drop, the buy-and-burn rate increases, allowing more tokens to be burned at a lower cost. This approach enhances the value of funds within the Buy and Burn (B&B) contract.
Buy & Burn Multipliers Smart Burn Tech incorporates five price triggers, each with its own multiplier:
Trigger 1: 1.5% price reduction activates a 1.5x multiplier.
Trigger 2: 5% price reduction activates a 2x multiplier.
Trigger 3: 15% price reduction activates a 3x multiplier.
Trigger 4: 25% price reduction activates a 5x multiplier.
Trigger 5: 50% price reduction activates an 8x multiplier. Triggers are Based on the BFX to X28 Ratio. Not USD Price.
Buy & Burn Functionality Every 8 minutes, the Buy and Burn process can be triggered by any user using a public function. The function allocates an adjustable Minimum 1% and a Maximum 10% of the total X28 balance in the B&B contract, divided by 180 cycles per day (one cycle every 8 minutes). If the function is not triggered within an 8-minute window, the allocation amount for the buy and burn period is added to the next cycle, increasing the burn's impact. Buy and Burn Can Not be Turned Off! Buy & Burn Allocation:
The Buy and Burn contract allocates X28 funds as follows:
Day 1 - 368 (Mining Phase):
20%: Used to purchase BFX tokens to fund the Recycle Pool.
56%: Used to purchase and burn BFX tokens.
8%: Used to purchase and burn E280 tokens.
8%: Used to purchase and burn Morpheus tokens.
8%: Used to purchase and burn X28 tokens.
Day 369+ (Recycling Phase):
50%: Used to purchase BFX tokens to fund the Recycle Pool.
26%: Used to purchase and burn BFX tokens.
8%: Used to purchase and burn E280 tokens.
8%: Used to purchase and burn Morpheus tokens.
8%: Used to purchase and burn X28 tokens.
Smart Burn Technology ensures a highly efficient and adaptive system, delivering maximum deflationary impact while supporting the token ecosystem's long-term value.
