🔥"True Burns"
Last updated
Last updated
The beauty of the Moonprinter’s strategy lies in the symmetry of the system, where each element is intrinsically connected. The third element in this powerful trifecta are True Burns, a crucial mechanism that perfectly complements the Airdrops and Buy-backs.
So, what’s the deal with these Burns, and why are they so important?
Each day, after our strategic buy-backs, we ignite a True Burn event. This isn’t just a firework show for aesthetics — it’s an essential element of our unique tokenomics. Every token bought back with that 7% sell tax? We toss it into the furnace and burn it. Forever. These Burns are our solution to a common problem faced by many tokens: inflation. By consistently decreasing the overall supply of tokens, we’re setting the stage for something monumental: a supply squeeze.
But what’s a supply squeeze, you ask? Well, let’s say the demand for $BRRR tokens keeps increasing, but the supply keeps dwindling. What you end up with is a classic supply squeeze. It’s like trying to squeeze a large volume of water through a narrow pipe — the pressure builds, and eventually, the only way it can go is up. This means the price of your $BRRR tokens could skyrocket!
But you’re saying “True” burn, what does that mean?
True burn is a magical bit of coding from our dev team. When we burn $BRRR, we don’t just send them to a dead address. Instead, we actually destroy those tokens forever and take them out of existence. Do you know what the beauty is of that? It lowers our total supply on Etherscan and other tracking platforms like COINMARKETCAP and COINGECKO, making your holding % of the total supply automatically increase, the more we burn. On top, because of the daily airdrops, your % of supply and future airdrops grows at double pace!
To fully explain how this is made sustainable— let us show the beauty of the connection between Airdrops, Buy-backs, and True Burns. Each day, we ensure that the amount of buy-back and burned tokens is ALWAYS higher than the amount of airdropped $BRRR, via the following magical formula: “Daily Airdrop amount = (Total daily $BRRR buy-back amount * 99%), up to a maximum of 1% of the remaining supply”. This well-oiled machine ensures that we constantly reward our loyal holders, but also keep the price positive and deflate the total supply — an unprecedented feat in the crypto world! This three-pronged approach empowers you to grow your $BRRR stack, witness a more robust price floor, and eventually be part of a potential supply squeeze.
All in all, Moonprinter has designed a brilliant formula that keeps rewarding, burning, and buying back. It’s like the perfect recipe for growth! So, grab a seat at our table. The more you hodl, the tastier the rewards get. You’re in for a real treat!