Smart Burning
Effective burning mechanism
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Effective burning mechanism
Last updated
Was this helpful?
Burning tokens in crypto is a norm. What is not addressed is whether it is an effective way to accomplish a stable price growth, which is the main reason tokens are burned.
Furthermore, from extensive research and rigorous tests, it is clear that buying back and burning tokens is a complete waste of resources.
RBS is designed with liquidity generation at the core rather than unnecessary token burns.
Nevertheless, RBS token burns can occur in two ways:
If transaction tax is enabled, all, part or none of the transaction tax is burned depending on the tax burn rate setting.
If transaction tax burn rate setting is below 100%, all generated transaction tax amount is sent to the RBS contract. This amount is used for both generation and .
A feature to burn part or all generated tax stored in the RBS contract is available.