The Black Hole
Last updated
Last updated
Each buy & sell, 4% of all $FLIBERO traded are burnt in The Black Hole (dead address). The more that is traded, the more get put into the black hole causing it to grow in size, larger and larger through self fulfilling Auto-Compounding, reducing the circulating supply and keeping the FLIBERO protocol stable.
The other benefit to an everlasting burn of circulating supply is that due to the deflationary nature of it, equates to a higher value of each $LIBERO token, therefore increasing the individual value.