Antix White Paper
  • Antix - White Paper
  • Disclaimer
  • 1. Market Overview
    • Key Issues
  • 2. Antix Platform
    • Platform Objectives
    • Target Group
    • Digital Twins
    • Competitive Overview
    • The Platform - Features
  • 3. The Tokenomics
    • Antix Platform Token
    • Token Usage Scenarios
    • Token Allocations, Prices Lockups & Vestings
    • Core Token Utilities
    • Additional Token Utilities
    • Subscription Plans
    • Marketplace Activities
    • Staking
    • Activity Rewards
    • Referal Program
    • Governance
    • Minting Non-Sale NFTs
    • Charity
    • Intellectual Property & Royalty Management
    • Burning
    • NFT Auction
    • Airdrop
    • Soulbound Token
    • The Smart Contract
  • 4. Privacy and Security
  • 5. Risks
  • 6. Legal
  • 7. Team & Advisors
  • 8. Roadmap
  • 9. Disclaimer
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  1. 3. The Tokenomics

Burning

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Last updated 7 months ago

To reduce the inflationary pressure on the value of the ANTIX token, the platform will decrease the total number of available tokens through a burning mechanism.

The burning event happens once a month. The burn amount will be calculated monthly and will constitute 5% of the platform's net profit. The token burning process will be carried out in pure burning. Tokens from the net profit are directed by the platform to a special contract, after which they become unavailable for further use.

Every burning event will be publicly announced through the platform's official communication channels. Detailed burn reports will be published after each event, outlining the number of tokens burned, the transaction details, and the updated circulating supply of ANTIX tokens.