JUN META
Search…
JUN META
English
JUN META
JUN META OVERVIEW & CONCEPT
Play to Earn
ROAD MAP
JUN META Tokenomics
JUN/JUNS/JUNC
Continuous Burning Mechanism
JUNS Staking
Liquidity Pools
Token & Contract Address
Product
How-To
KLAYswap
Powered By GitBook
Continuous Burning Mechanism

JUN Burning Mechanism

JUN Meta focused on the Continuous Burning Mechanism.
We will strive to continuously create different ways to burn tokens in a stable way and continue to elevate our game with users.
JUN and JUNC(used to Mint and Enchant NFT, and buy items in JUNC Shop) are burned through below methods.
  1. 1.
    Part of used JUN and JUNC are immediately burned. - JUN : 10% of burned JUN are issued and distributed to users locked-up in JUNS Staking.
  2. 2.
    Price Stabilization Mechanism - If user uses JUN, we use specific amount of JUN to purchase JUNC and immediately burn the rest. - If user uses JUNC, we use specific amount of JUNC to purchase JUN and immediately burn the rest. - JUN Meta brings stability to the algorithm through this mechanism.
  3. 3.
    DEV Fund - Part of User-used JUN and JUNC are utilized for development fund.
Previous
JUN/JUNS/JUNC
Next
JUNS Staking
Last modified 8mo ago
Copy link