Vega （Mis-20）
  • 🧚‍♀️Vega (MIS-20)
  • Overview
    • Vega
  • Introduction
    • 1.1 Mission of Vega
    • 1.2 Support for Metis
    • 1.3 Unique Features of Vega
  • $VEGA
    • 2.1 Total Supply
    • 2.2 Economic Model
    • 2.3 Airdrop
    • 2.4 Snapshot
    • 2.5 Task and Invitation
    • 2.6 Burn
    • 2.7Voting and Governance
  • Inscribe
    • MIS-20
    • Inscribe
    • Market
  • VEGA Community
    • Vega Team
    • Community Governance
    • Security and Transparency
  • Roadmap
    • Roadmap
Powered by GitBook
On this page
  1. $VEGA

2.6 Burn

Previous2.5 Task and InvitationNext2.7Voting and Governance

Last updated 1 year ago

Vega aims to maintain the scarcity and value of its tokens while providing continuous benefits to community members. As part of this plan, regular token buybacks and burning will be conducted to reduce the circulating supply of VEGA tokens and drive value growth.

  • $VEGA transaction tax: 1%

    Transaction taxes will be automatically destroyed through the contract.

Burning contract query:

The implementation of this burning mechanism is part of our commitment to building a stable and sustainable token economy. We believe that by reducing the supply and increasing the scarcity of the tokens, we can create more valuable investment opportunities for VEGA token holders and drive the prosperity of the entire ecosystem.

https://andromeda-explorer.metis.io/address/0x2136d8017ac5f4Db99A7F9E23f15116b9c98Be4E/transactions#address-tabs