OSW Burn Mechanism
We use automatic token burning to deflate the OSW value.
Black Holders Wallet: updating...
The token burning mechanism operates according on the following rules:
- Burn 5% of the tokens that users use to follow the channel on the platform
- Burn 1.5% when trading/auction NFT on Marketplace.
- Burn 5% of the remaining 50% of tokens when the project participating in IOSO does not fulfill its commitment. (See detail at IOSO)
Burning time will be done every 2 weeks
Last modified 8mo ago