Denaris Burning Events
After the union of the Free Peoples and the decision to mint Denaris, the Lord of the Shadows, once the ruler of Terrae, will try his best to destroy the coin. For this reason, he is going to capture and burn a percentage of coins at a set frequency. These events occur every four epochs, which is equivalent to 1 month in the human world.
Lord of the Shadows sends dragons to destroy the free peoples economy system.
The amount of tokens burned depends on the level of trading activity in the swap pools: a percentage of the fees is destroyed. If the Lord of the Shadows observes that the activity in the pools has increased, he will burn more DENI, and if, on the contrary, he observes that this activity decreases, he will burn less.
Last modified 1yr ago