ScarQuest Docs
  • 👋Welcome to the World of ScarQuest
  • 🎮Play for Free!
  • TOKENOMICS
    • 📊Distribution
    • 💲 Earning
    • 🔥Burning
    • 🤑Spending
    • ⚒️ Utility and Use Case
  • NFT's
    • 🌎Lands
    • 🏝️Land Decorations
    • 📔Comic Series
    • 🧌Characters
    • 🎴Comic Cards
  • ROADMAP
    • 📍Phase 2 (Open Beta Monetization)
    • 📍Phase 1 (Closed Beta)
    • 📍2023
    • 📍2022
    • 📍2021
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  • How does the burning mechanism work for SCAR tokens, and what triggers it?
  • How often are SCAR tokens burned, and what percentage of the supply is affected?
  1. TOKENOMICS

Burning

How does the burning mechanism work for SCAR tokens, and what triggers it?

There are two methods of burning that can be activated: one through on-chain transactions, and the second through a percentage of SCAR earned from in-game SCAR revenue. Currently our focus is on rewarding the players instead of burning or taxing traders and players.

How often are SCAR tokens burned, and what percentage of the supply is affected?

Burning or taxing is currently disabled and instead redirected to players in the form of rewards, in the past we have burned a percentage of the supply and realized it had little to no effect on the player or investor.

Previous EarningNextSpending

Last updated 5 months ago

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