Cyber World
  • 🀝Welcome To Cyber World
  • About Cyber World
    • πŸ‘©β€πŸ«Introduction
    • πŸ”₯The Burning Pit
    • πŸ’ Liquidity Management
  • Utilities Cont
    • πŸ₯ƒLiquidity Management
    • πŸ—ΊοΈAPY Formulation for Cyber World
  • Tokenomics & Fee Structure
    • πŸͺ™Tokenomics
    • πŸ’ΈFee Structure
  • Roadmap & Cont
    • πŸ›£οΈRoadmap
    • πŸŽ›οΈRoadmap Cont
  • Resource
    • 🍫Audit & KYC
  • Legal
    • πŸ“Disclaimer
  • COMMUNITY
    • 🌐Website
    • πŸ’¬Telegram
    • πŸ₯«Instagram
    • πŸ«“Medium
    • 🐦Twitter
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  1. About Cyber World

The Burning Pit

The burning Pit consumes 1.0 percent of all $CYW traded. The more that is traded, the more that is added to the fire, causing the fire pit to grow in size, larger and larger through self-fulfilling Auto-Compounding, reducing the circulating supply and maintaining the Cyber World protocol stable.

Another advantage of an everlasting burn of circulating supply is that the deflationary nature of it equates to a higher value of each $CYW token, thus increasing individual value. In simpler terms, the $CYW token is burned periodically to prevent unmanageable token supply in the market, and to offset any risk that arise from positive rebase printing.

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Last updated 2 years ago

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