Burning
Last updated
Last updated
One of the bullish features of the Crappy Bird Game, is the burning mechanics and principles.
As you will see in the Crappynomics, 17% of the initial total supply, is designed to feed and sustain the Crappy Ecosystem, its games and all the rewarding features. In other words, 204,000,000 $CRAPPY from the initial 1,200,000,000 supply, was allocated towards crappygame-lp.base.eth.
To automatically send players their potential winnings for playing the Crappy Bird Game and have a big enough balance to support even higher payouts, the CTO team has decided to move only 54,000,000 $CRAPPY (from the 204,000,000) to the smart contract that is in charge of collecting and distributing $CRAPPY, as it can be seen HERE. The remaining tokens will be used to fill, whenever needed, the balance of the Crappy Bird Game and also The Crap Machine Now let's get to the burning part!
Each week, if the smart contract's balance has a surplus of $CRAPPY compared to the initial allocation (so everything above 54,000,000 $CRAPPY), 33% of that will be burned! BUUUULLIIIIISH!!! To maintain the sustainability of providing the potential earnings to the players, if the amounts of $CRAPPY from the smart contract balance are under the initial allocation threshold, no burning will be done.
All the burns can be always tracked HERE, sent to address: 0x000000000000000000000000000000000000dEaD - DEAD