Buy & Burn
Buy & Burns burn supply of tokens, creating scarcity and helping to drive up price momentum through rapid reduction of circulating supply
Unlike automated systems, the buy and burn process in Pulsar’s ecosystem is initiated manually by users. This approach ensures active community engagement in the protocol’s deflationary strategy.
There are two buy & burn functions happening within the $Pulsar protocol, lets break those both down.
$TitanX BNB- 100% of the $TitanX that you put up to mint is split 50/50 into different actions
42%- Burnt with the credit going to the users address giving them the burning rebate on future miners, 4% is sent directly to the $DragonX vaults taking it off market and the last 4% is sent directly to the $Helios smart contract
50%- Sent to PulsarPathway contract (which can then be triggered by anyone) to send send that $TitanX along with the corresponding amount of $Pulsar across the bridge to PulseChain $PLS and allocates 100% to a locked PulseX V2 Liquidity Pool (ensuring liquidity for those who build on $Pulsar on $PLS)
$Pulsar BNB- 87.5% of the $ETH collected as a protocol fee is then used to buy $TitanX off the market, swap for $Pulsar and then burn.
All of this buy and burning is helping to create a hyper deflationary environment due to rapidly reducing the supply of both $TitanX and $Pulsar. PermaBull Tokenomics are a core pillar in the Gifford Tec ecosystem.
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