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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