Betherance Token Burn

The first day of each month, Betherance Token Burn address will send the collected tokens to the Proton's burn address.

In order to increase value of the Betherance Token (BETHER) in the long run while decreasing the supply, Betherance will have the following deflationary mechanisms among its products:

  • 0.05% of total tokens from every successful bet will be burnt

  • Dishonest users tokens will be burnt

  • Each swap from Betherance Swap will automatically burn a random amount of the Betherance Token

Tokens from previous points will get sent to the Betherance Token Burn address, which will store all the tokens and send them to the official token burn address @token.burn each first day of the month.

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