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Buy & Burn

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Last updated 5 months ago

Buy & Burn event

The Buy & Burn pool has X28 and ELMNT that is used to buy & burn STAX. When a burn is triggered by a user, the following happens:

  • Use X28 to buy ELMNT

  • Incentive fee in ELMNT sent to user

  • Use ELMNT to buy STAX and burn 100% of it