🔜Burn protocol
Burn protocol
Having a burn mechanism in place is a valuable feature for any project, and Doge Stake's 40% burn rate per transaction is particularly impressive.
This means that for every transaction made, 40% of the fees generated are permanently removed from circulation, reducing the overall supply of $DSTAKE tokens over time.
As a result, this feature provides a deflationary effect on the token's value, increasing its scarcity and potentially leading to an increase in value over time. This is particularly beneficial for long-term investors who are looking to hold onto their $DSTAKE tokens and benefit from its growth potential.
The 40% burn mechanism is a valuable asset for Doge Stake, providing investors with an additional incentive to invest in the project and hold onto their tokens for the long term.
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