Burning
Last updated
Last updated
To maintain a healthy tokenomics for the project, beyond in delegation, three burning mechanisms have been developed:
If your status does not allow you to receive rewards from lower-ranking invitees, the rewards from them will be burned.
This mechanism encourages growth in the and positively impacts the reduction of hyperinflation risks during the payout of partnership rewards by burning excess from still unopened levels.
With each AXM undelegation, you will incur a fee of 10% of the amount, which will be subject to immediate burning.
All transactions involving AXM incur network fees. Of these fees, 30% are subject to burning, while the rest is distributed as delegation rewards (a share of network fees).
The conditions of these burning mechanisms can be adjusted through voting among validators to respond promptly to potential market condition changes. Any innovations will be accompanied by prior community notification.