ZCore Finance
Search…
Burn Mechanism
There will be a transaction fee during staking which will then be used to purchase ZeFi Token. The current transaction fee is set at 4%. We will review the price of ZeFi Token and see if we should increase or decrease the fee.
All burning fee (90% of the 4%) will be used to purchase ZEFI/wZCR/ZCRT and burn this coins
Burn ZeFi:
  • 90% of the 4% burn will be used to purchase ZEFI and burn.
  • 10% of the 4% burn will be sent to the developer’s address.
  • The current burn is done manually to stabilize the price when massive dumps happens as we are trying to promote long term yield farming instead of pump and dump.
Burn WZCR/ZCRT:
  • 100% of the 4% WZCR Pool fee will burned.
  • 100% of the 4% ZCRT Pool fee will br sent to the token address for recirculation.
Buyback address can be viewed by clicking here Burn transaction can be viewed by clicking here
Last modified 2mo ago
Copy link