[3] The burnthe quant

The burn

Every trade of $QUANT on Pons pays a fee. A share of each fee buys back $QUANT and burns it. A burned token is gone for good, so the supply only goes down.

Burned so far

QUANT, in 0 burns

Of the supply

1,000,000,000 left

The next burnup to every 30 minutes

Next burn in

--:--

starts at the launch

Total burned: 0 QUANT
Burns so far: 0
Of the supply: 0%
Supply left: 1,000,000,000
Paid for by: $QUANT trading fees
Supply: only goes down

The supply1,000,000,000 at launch

burned: 0left: 1,000,000,000

Every burnnewest first. UTC

Nothing burned yet.From the launch on, the fees collected buy back $QUANT and burn it, up to every 30 minutes. Each burn will be listed here.

How a burn workson chain

Paid for by: $QUANT trading fees
How often: up to every 30 minutes
One burn spends, at most: 1% of the market's depth
The tokens bought: destroyed
The supply: only goes down

A burn comes thirty minutes after the last one at the earliest, and only once fees have come in. The burn pot is a contract: nobody can take its ETH out, it can only buy and burn.