RHO MANIFESTO
  • Introduction to RHO
    • 👋Welcome!
    • 💡Meaning
    • 🔗Links
  • RHO Theory
    • 📖pSPL-20 Theory
    • ⛓️Hybrid Token
    • 🪙Tokenomics
  • RHO Details
    • 👀Sold Out
    • 🔥Token Burning Mechanism
    • 🔮The future of RHO
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  1. RHO Details

Token Burning Mechanism

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Last updated 1 year ago

As we mentioned previously, RHO is a pure hybrid and sustainable collection. However, to properly activate the Hybrid DeFi process, we need to burn our tokens to bring the maximum supply down to 78 million. But how does this process unfold?

As a sustainable initiative RHO utilizes its revenue for the purchase and subsequent burning of tokens.

Every day, the team executes a burn equivalent to 6.5 SOL in value, and this will continue for the first 30 days following the mint. The progress of this process is updated daily on our Discord server in the dedicated burn channel!

🔥
Example of a daily burn transaction from our server