Disco Burn Token (DBT) is a deflationary token built on Binance Smart Chain (BSC) network. The platform aims to purchase and burn other cryptocurrency tokens to provide traders with safe and vetted project exposures. Burning of tokens is the process where users remove tokens from circulation, reducing the quantity of tokens in use. The main idea behind the purchase and burn mechanism is to help the platform maintain the token price while also raising the floor price permanently.

Using the DBT platform, users can seek to complete projects and win an opportunity to have DBT purchase and burn their tokens. According to the DBT whitepaper, the platform works on trade, and transfer mechanisms of the token in the DBT wallet. The platform seeks to add 4% of every transaction in the DBT Burn Party wallet in the form of BNB every month. Besides this, the DBT platform competes for projects that aim to win 75% of the total amount in the burn wallet every month. Apart from this, the competition winners also aim to receive a live-streamed purchase and burn off their project tokens.

DBT token is the platform’s official cryptocurrency that fulfills the supply on the Disco Burn Token network. The token follows the BNB token standards, which helps DBT perform its burning of assets. In contrast, DBT holders who hold a minimum of DBT seek to earn an airdropped vote token. The airdropped DBT token holders can vote for their favorite project and choose to win. Not only this, but the DBT platform also seeks to give reflections to the holder with every transaction.

Disco Burn Token submitted its smart contract for verification on October 25, 2021. The roadmap of the token suggests that in November 2021, the DBT token aims to increase its holders’ community, contest community vote raids, list on crypto-trading platforms, and develop DBT swap. Apart from this, the platform has planned future events, such as establishing DBT headquarters, billboard advertising, developing DBT DApp for voting, etc. The platform seeks to complete these aims under the guidance of Wes Powell, the pyrotechnical officer; Carmen Crypto, the chief empress of inferno operations; Rob Discovich, the chief burn officer, and many others.

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