Buy & Burn

Decentralised like a herd of wild bulls, y'all.

  • This is a fully decentralized buy and burn, no bullshit.

  • 4% of the total TitanX is used each day from Sunday to Wednesday (4% per day).

  • 10% is used on Thursday.

  • 15% is used on Friday and 15% on Saturday.

  • Buy and Burn occurs in intervals throughout the day.

  • In the first week, the buy and burn process starts on Sunday at 2pm (the launch is

    Friday at 2pm and the mint ends Saturday at 2pm). So the buy and burn starts 24 hours after the first mint.

  • Intervals are publicly callable every 30 minutes throughout the day.

  • 30 minutes equals 48 intervals in 24 hours.

  • For example, if 4% is split into 48 parts, the value for each interval is calculated accordingly.

  • If an interval is missed, it accumulates to the next interval. For example, if a 30- minute interval for a buy and burn is $500 and it is not called, the next interval will be $1000. When called, the following interval returns to $500.

  • Any unused Buy & Burn value for that period will roll over into the following week.

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