What is Auto Hyper Burn?
Last updated
Last updated
Auto Hyper Burn.
Thanks to our own innovative auto Hyper Burning program, 1% is burned off of every transaction in our network! Our new Hyper Burning program automatically burns 1% off each transaction, so your total RAO stock will continually decrease compared to your balance, while your balance continually increases compared to your total RAO stock. This built-in mechanism creates a true supply/demand metric for the RAO token as it becomes increasingly scarce compared to your balance over time.
Simply put, if you just hold our RAO, your share of the total market capitalization will steadily increase. Even if market capitalization does not grow (no new investor), the value of USD tokens in your wallet will still grow. If the market capitalization increases due to new investors, the value of your tokens in USD will grow even more due to the fact that your share/total supply is constantly causing a deficit with every transaction in our network.
What does this mean?
This operation, which consists of removing circulating tokens from the cryptocurrency by "burning" them. Burn is used to support project delivery, we decided to implement this principle when we launched our automatic Hyper Burn program. Burning a token means removing it from circulation, which reduces the number of coins in circulation. This mechanism is used to launch a new coin or introduce scarcity, which increases the value of the coin in the market.
Token burning can be accomplished in this way:
1 - Tokens are burned automatically with each transaction of our network.
2 - We send tokens to a zero wallet that are dead and not capable of working.
3 - Burned tokens are unusable. What will be our strategy?
Burned tokens go to the zero wallet, which you can find in the Rao Cash contract. This way, you can keep track of the every-second burn from every transaction in our ecosystem. Burned tokens will be sent to the BSC zero wallet for recording:
0x000000000000000000000000000000000000dEaD
The program runs at the very start of our project, based on our automatic Hyper Burn algorithm 1% is burned from each transaction. You will be able to view all records in zero wallet at any time. https://bscscan.com/token/0xae908ba89ce0031d19972f19e863b86aabb00280?a=0x000000000000000000000000000000000000dead
