A page dedicated to discussing our burns.
Just some of our burn mechanisms
Rather than just relying on one type of burning mechanism, KONRA is burned by multiple ways and for multiple reasons.
01
Protocol LP Fees
Whenever someone trades KONRA a portion of those fees collected in the LP pool get burned.
02
Manual Burns
There are several manual burns conducted by us. Example: 14 days of removing 2% of the unlocked LP & burning it.
03
Community Burns
As a community we burn KONRA periodically, usually through the burn bot in Telegram.
04
Buy & Burns
Sometimes we sell portfolio contents to buy KONRA and burn it.
05
Burn to Airdrop
Rare but occasionally we’ll require the burning of KONRA to gain an airdrop.
06
Partner burns
Some Partnerships will increase the burns, or host LP’s which burn the fees too.
We’re just beginning!
Check out the burns here:
Fire Stats:
We like to burn, as a store of value we focus on being deflationary!
1.5%
Percent burned
The percent of the total supply of KONRA which has been burned already.
105900
Konra Burned
In only a month we have burned 105900 Konra tokens.
2%
Current LP Buy & Burn
Percentage manually taken out daily from unlocked LP, WETH buys KONRA and all KONRA is burned.