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BurnedFi

BurnedFi

BURN
#431
$2.2591Down 3.40 percent($0.08)

Key Stats

Market Cap$27.73MDown 3.40 percent
Volume (24h)$30.68K
Fully Diluted Value$27.73M
Vol/Mkt Cap (24h)0.11%
Total Supply12.27M BURN
Max Supply
Circulating Supply12.27M BURN
Launch Date2023-12-15
Built OnBNB
Token StandardBEP20
Smart Contract Address0x19c0…98a4
Decimal Places18

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Trading AsToken StandardBuilt OnSmart Contract AddressLaunch Date
burnBEP20BNB0x19c018e13cff682e729cc7b5fb68c8a641bf98a42023-12-15

About BurnedFi

BurnedFi (BURN) is a deflationary cryptocurrency designed to increase in value over time through token burns. It is used for value appreciation, incentives, governance, and transactions within its ecosystem. The project is developed by a team of blockchain professionals.

Frequently Asked Questions

BurnedFi (BURN) is a cryptocurrency designed with a focus on deflationary tokenomics, meaning that its supply decreases over time. This is achieved through mechanisms such as token burns, where a portion of the tokens is permanently removed from circulation, thereby increasing the scarcity and potentially the value of the remaining tokens.

BurnedFi (BURN) has several applications within its ecosystem:

Value Appreciation: The primary use case is to create value for holders through deflationary mechanisms. As tokens are burned, the reduced supply aims to drive up the token's value. Incentives and Rewards: Users can earn BURN tokens through various activities within the platform, such as staking, providing liquidity, or participating in governance. Governance: Token holders can participate in the decision-making process regarding the future development and management of the BurnedFi platform. Transactions: BURN tokens can be used for transactions within the BurnedFi ecosystem and possibly in partnered platforms.