fire-flame-curvedBurning Mechanism

In order to make token more valuable in long term period, mechanisms to remove token from the network was proposed:

Sale Revenue

10% of LAVA sale revenue will be used to buy back token and burn yearly.

Buyback and Burn

Use a portion of the platform’s profits to buy back tokens from the market and burn them.

Transaction Fees

Charge a small fee (1%) for each transaction on our platform and burn a portion of this fee.

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