Gas Labs
  • Intro
  • Market Analysis
    • Cryptocurrency market context
    • Competitive Landscape
    • Opportunities Identified
  • Ethereum Blockchain
    • Ethereum Blockchain
    • $BURN Token and Deflationary Mechanism
    • Smart Contracts
    • Security
    • Future Technology Advancements
  • Use Cases
    • Scenarios in Which $BURN Can Be Used
    • Value It Brings to These Scenarios
  • Roadmap
    • Achieved Milestones
    • Future Project Development and Milestones
  • Conclusion
  • Next Step
    • Page 1
  • Legal Considerations
    • Legal Structure
    • Potential Risks and Disclaimers
  • $Burn
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  • Economic Model
  • Model Breakdown
  • Transaction Tax

$Burn

PreviousPotential Risks and Disclaimers

Last updated 1 year ago

Ticket: $BURN

Total Supply: 21,000,000,000

Tax: 6% (Buy and Sell)

Economic Model

Airdrop: 5%

Whitelist IDO: 5%

Public IDO: 10%

Initial Liquidity: 10%

Dapp Rewards: 10%

Whitelist Airdrop: 10%

Holder Burns: 20%

Transaction Burns: 30%

Model Breakdown

IDO: Targeting ETH through an oversubscribed model.

Holder Burns: When on-chain holders reach 500, 1k, 2k, 3k, and 5k, each burn 4%, totaling 20%.

Transaction Burns: For every $1 Million in on-chain trading, 1% of tokens get burned, adding up to 30%.

Whitelist Airdrop: Addresses in the whitelist will evenly share 10% of the tokens.

Transaction Tax

Of the 6% transaction tax, 3% goes to buybacks, 1.5% to token burns, and 0.5% to ecosystem development.