🔥Public Burn Function
Everybody loves burning tokens.
Last updated
Everybody loves burning tokens.
Last updated
It has become somewhat of a standard in DeFi yield farms where 10% of all minted tokens emitted into supply go directly (or indirectly) to the dev team. At PolyShield.Finance, things are a little different.
Our dev team does not receive any share of the minted SHI3LD tokens. Instead we chose to direct 10% of all minted tokens to a burner contract that has only one function:
to allow anyone to burn the current amount of tokens pending to be burned
A provision has been added to the MasterChef contract that will split this 10% into 5% for burning and 5% to go towards the NFT system when it is implemented as part of the product roadmap.
