Burning

To reduce inflationary pressure on the Bitexcoin token value, the platform will reduce the total number of tokens in circulation through a burning mechanism.

The token burn event occurs once a month. The burn amount is calculated monthly and constitutes 5% of the platform’s net profit. The token burn process is carried out as a net burn. The tokens from the net profit are directed by the platform to a special contract and then become unusable for further use.

Each token burn event will be publicly announced through the platform’s official communication channels. Detailed token burn reports will be published after each event, including the number of tokens burned, transaction details, and an updated balance of Bitexcoin tokens in circulation.

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