Bitcoin Buddies Whitepaper
  • About Bitcoin Buddies
    • Introduction to Bitcoin Buddies Whitepaper
    • Introduction to Bitcoin Buddies NFTs
    • Our Mission
    • Long-term Goals
    • Fundraising Program
  • Roadmap
    • Roadmap Summary
    • Webhosting
    • Integrating other Marketplaces
    • Building an Organic Community
  • Our Partners
    • VuFi Gang
    • MyDuckie
    • NFT Droops
  • NFTs and tokens
    • NFT Cards
    • NFT Figures
    • $BUDDY
    • $WBUDDY
    • $DMND
  • Whitelist and Airdrop
    • Whitelist Spots
    • Tasks for WL spot
    • NFT Cards Airdrop
    • NFT Card Airdrop rewards
    • BUDDY Token Airdrop
  • SYSTEM
    • Tokenomics
    • BUDDY Earning System
    • WBUDDY Earning System
    • Token Burning Mechanism
  • Staking App (Teaser)
    • Dashboard
    • Account
    • Staking
    • Swap
    • Calculator
    • Security
  • Important Links
  • Change Log
Powered by GitBook
On this page
  1. SYSTEM

Token Burning Mechanism

The burning mechanism is easier to illustrate with an example:

  • There are e.g. 6075 active staked cards in the moment of snapshot:

  • The active staked cards are the followings: 5120 common, 705 uncommon, 140 rare, 72 epic, 30 legendary and 8 mythic

  • The daily distributed $BUDDY reward is:

5120∗8+705∗16+140∗35,2+72∗88+30∗255,2+8∗893,2=78305,65120 * 8 + 705 * 16 + 140 * 35,2 + 72 * 88 + 30 * 255,2+ 8 * 893,2=78305,65120∗8+705∗16+140∗35,2+72∗88+30∗255,2+8∗893,2=78305,6
  • The daily burned $BUDDY tokens' amount:

300000−78305,6=221694,4300 000 - 78 305,6 = 221 694,4300000−78305,6=221694,4
  • The burned amount is daily refreshed from the Total Supply!

PreviousWBUDDY Earning SystemNextDashboard

Last updated 2 years ago