Hybrid Burning Mechanism
Buyback Burning Mechanism
0% - 4.5 % burn fee will be charged at each deposit on farms and 4% burn fee on pools (current rate that could evolve in the future)
We encourage participants to use LP tokens for mining in order to enjoy high APYs, and we also provide a single currency pledge option for miners seeking stable returns.
The burning transaction fee (0% - 4.5% on farms and 4% on pools) will be used to :
buyback Photon Token and burn them : 40% of the total transaction fee.
farming : The team will farm these burning transaction fee to collect more PHOTONs, and then lock them up for the upcoming airdrop or burning (more details soon about the mechanism) : 50% of the total transaction fee.
airdrop and marketing : Original Finance will make frequent wonderful airdrops and use a part of the transaction fee into marketing costs : 10% of the total transaction fee.
95% of the developer funds will be burnt every 6 hours.
Buyback will happen at every 2M TVL.
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