Dear XTers,
We are honored to announce that BURN (BurnedFi) will be listed on XT.COM. BURN/USDT trading pair will be opened in Innovation Zone (DeFi). Please take note of the following go-live schedule:
- Deposit: 12:00 on May 09, 2024 (UTC)
- Trading: 12:00 on May 10, 2024 (UTC)
- Withdrawal: 12:00 on May 11, 2024 (UTC)
[Token BURN]
The unique tokenomics of the token, which first appeared in the cryptocurrency industry, originate from a fair minting process. The token is programmed to automatically activate after completing 150,000 mintings. All 150,000 mintings were completed in less than 2 days, and the token was launched on December 17, 2023.
Investors have two ways to invest in the token. Firstly, investors can burn their tokens to receive $BurnBuid tokens. $BurnBuild enables investors to receive permanent rewards in the form of BNB. As long as investors do not claim, they will continue to receive BNB while $Burn exists. Once investors claim the rewards, they will no longer be eligible for future rewards. Each investor has only one chance to receive permanent rewards. Secondly, investors can invest in the token normally based on the token price. There will be a 1% buy/sell tax, and the revenue from the 1% tax will be allocated to the reward pool, then distributed to investors who have burned their tokens.
The token embeds a 0.25% burn every hour, totaling 6% per day. This will result in a long-term reduction in the token's circulation. Additionally, voluntary token burns will accelerate the burn process. The burn function is embedded in the token and will permanently burn automatically. Developers have relinquished all rights, making it no longer possible to modify the token.
As the first self-destructing token on the BSC, it has become a top token on the chain.
According to BURN's tokenomics, there is a 1% transfer fee for each on-chain transaction. Additionally, XT.COM needs to aggregate the BURN token deposited by users, subject to an additional 1% tax deduction.
Website: https://burnedfi.app/
Blockchain Browser: https://bscscan.com/token/0x19c018e13CFf682e729CC7b5Fb68c8A641bf98A4
Whitepaper Link: https://docs.burnedfi.app/
Risk warning:
- BURN is a newly-listed token and its initial price may suffer huge fluctuations, causing partial or total losses. Before trading, please have a full understanding of all the risks in investing in digital assets and be prudent in your own decisions.
- All information displayed on XT.COM does not constitute investment advice. XT.COM does not take responsibility for any direct or indirect losses resulted. XT.COM does not assume responsibility for guarantees or compensation for depositing or locking positions.
Thank you for your support!
XT.COM Team
May 06, 2024
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