Element 280
  • Overview
  • E280 Tokenomics
    • NFT specs
    • LP Promo
    • ELMNT Distribution
  • ELMNT Tokenomics
    • NFT specs
    • Reward Pool
    • TITANX Distribution
    • LP Creation
    • Buy & Burn
  • Contracts
  • Socials
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  1. ELMNT Tokenomics

Buy & Burn

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Last updated 7 months ago

Buy & Burn event

Each ecosystem pool has TITANX waiting to be used to buy & burn. When a burn is triggered by a user, the following happens:

  • Buy ecosystem token with TITANX

  • 90% BURN

    • Burn ecosystem token (10%) (exception with TITANX - it gets sent to Helios treasury)

    • Buy and Burn ELMNT (80%)

  • Distribute ecosystem token to Genesis (6%) & Helios Treasury (4%)