๐Ÿ•
PizzaTON
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  • ๐Ÿ‘จโ€๐ŸณWelcome
    • ๐ŸŽ“Terminology
    • ๐Ÿช™Tokenomics
    • ๐ŸงบOn-chain Assets
    • ๐Ÿ•Why PizzaTON?
  • โš™๏ธCore
    • ๐Ÿš€PizzaTON Launchpad
    • ๐Ÿ—ฃ๏ธPizzaTON Campaigns
    • ๐ŸชชPizzaTON Domains
    • ๐Ÿ‘ฆPizzaBoy Avatars
    • ๐Ÿช™PTJ Tokens
    • ๐Ÿ’ณPizzaPay
    • ๐Ÿ’ฒPizzaCheques
  • ๐Ÿ—ฃ๏ธPizzaTON Campaigns
    • โ„น๏ธWhat is PizzaTon Campaigns
    • โ“How Does It Work
    • โžก๏ธNet Donations
    • ๐Ÿ”€Gross Donations
    • ๐ŸŽEarn PTJ While You Donate
  • ๐Ÿ”ฅPTJ Burning Mechanism
    • ๐Ÿ”ฅMethod 1
    • ๐Ÿ”ฅMethod 2
    • ๐Ÿ”ฅMethod 3
  • ๐Ÿ›ฃ๏ธRoadmap
    • ๐Ÿ‘จโ€๐ŸซPreface
    • ๐Ÿ›ฃ๏ธQ4 2023 - 2028
  • ๐Ÿ“ขPre-Sale
    • โ„น๏ธOverview
    • ๐Ÿ”Private Presale (Whitelist)
    • ๐ŸฟPublic Presale
    • ๐Ÿ‘จโ€๐Ÿ’ผSpecial Sale for Key Investors
    • ๐Ÿ’ฐRemaining Tokens
  • โ“FAQ
    • PizzaTon Avatars (PizzaBoy)
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  1. PTJ Burning Mechanism

Method 2

Integrated Burning within PizzaTON Campaigns

This method focuses on directly integrating token burning into the PizzaTON Campaigns platform, ensuring that specific transactions contribute to reducing the PTJ token supply.

Mechanism:

As detailed in "How Do PizzaTon Campaigns Work?", the burning mechanism operates differently based on the chosen campaign settings:

  • Non-Native Tokens and Pure Method: When a campaign utilizes non-native tokens and the "Pure" method, a predetermined percentage of PTJ tokens, equivalent to the value of the transaction at that moment, is instantly burned.

  • Native Tokens and Impure Method: If a campaign utilizes native PTJ tokens and the "Impure" method, the revenue generated from converting those tokens will be subject to the burning mechanism outlined in Method 1 (50% of net profits).

Incentivizing Native Token Adoption:

Currently, using PizzaTON Campaigns with native PTJ tokens does not trigger token burning. This strategic decision aims to encourage and incentivize the community to adopt and utilize PTJ within the platform.

Benefits:

  • Direct Correlation with Platform Activity: Token burning is directly linked to the usage and success of PizzaTON Campaigns, creating a positive feedback loop.

  • Increased Scarcity: Consistently reducing the circulating supply of PTJ tokens contributes to their scarcity and potential value appreciation.

  • Ecosystem Growth: The burning mechanism incentivizes the use of both native and non-native tokens within the platform, fostering overall ecosystem growth.

Transparency and Adaptability:

  • The burning percentages and mechanisms will be clearly communicated and may be adjusted over time to ensure optimal performance and sustainability.

  • Regular updates and reports will track the amount of PTJ burned through this method, providing transparency to the community.

PreviousMethod 1NextMethod 3

Last updated 1 year ago

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