🌝Burn Mechanisms

Burning helps keep the value steady and encourages people to hold onto their tokens instead of selling them.

  • Transaction Fee Burn: 0.1% of each $ELIXIR transaction (e.g., rewards, claims) is burned, reducing supply over time. With 1 million daily transactions, this could burn 1 million $ELIXIR annually.

  • Unused Claim Refund Burn: If a claim expires , the allocated $ELIXIR is burned.

  • Periodic Treasury Burn: Burn 1% of treasury reserves (3.3 million) annually if surplus funds exceed operational needs.

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