Documentation
  • πŸ––Official Links
    • Get to know Lyzi
  • 🧐FAQ
    • Most asked questions
  • πŸ“šWhitepaper
    • 😍Introduction
    • πŸ“œ Regulation & Compliance
    • πŸ“Š Tokenomics
      • $Lyzi Usecases
      • Conceptual specifity of tokenomics
      • Token Utility
      • Tokenomics mechanisms
      • Buyback
      • Burn & Evolutive burn
      • Dynamic staking
      • Crowdsale Launch
      • Token Vesting
      • Token release overtime
    • πŸ”¦Product Suite Overview
      • Lyzi Pay
      • Lyzi Loyalty
      • Cashback
      • NFT
      • Display
      • Earn & Staking
      • Lyzi Trading
      • Lyzi Card
      • Incentive Program
    • 🚲Roadmap
    • ⛓️Technical vision
      • Get $Lyzi Token
    • ⚠️Disclaimer
  • βš’οΈAPI Documentation
    • ❓How to integrate Lyzi for crypto payment
      • πŸ€–API Universal V.2
      • ▢️Buy Button SDK
Powered by GitBook
On this page
  1. Whitepaper
  2. πŸ“Š Tokenomics

Burn & Evolutive burn

Token burn how it works ?

Last updated 1 year ago

The burn tokens will be sent on a wallet without private keys. A burn target of 50 million tokens is planned.

Once this goal is reached, the burn will evolve according to the number of transactions in order to modulate the speed of deflation of the token.

During this phase, the burn is realized thanks to the recovered transaction fees.

Of the 0.80 to 3% transaction fees, 20% are reserved for the community, including burn. During this first burn phase (pre-50M), the burn rate is expected to be 50% of this community allocation.

πŸ“š
Burn