Burning
Last updated
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Last updated
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To be implement
SteakHouse protocol have unique burning mechanics. In every single trasaction, the protocol keeps 1% of transaction at burning address where are collecting and burning STEAKs. Yes thats right - more transactions, more to be burned. Theoretically there can be more burned STEAKs in comparison with new emited STEAKs each day. This feature have quite auspicious economical impact.
Most farming projects are burning only a tiny part from new emited tokens supply, which practically means thera are just emiting a lower supply. This in fact has no economic impact, but rather is an attempt to psychologically adjust the community. Theoretically this type of projects donβt have burning mechanism, which has an economic impact. Transaction fee might be chanched with community vote.
Initial minted 461 STEAK to this Admin to provide initial liquidity and testers airdrop
The Deposit fee is allocated in this
Protocol fee transaction 1% address
Test STEAKs
Unclaimed STEAKs
Regular burning: , , , , , , , , , , , , , , , , , , , , , ,