PlumCake Finance
Burning Mechanism
We are always innovating and implementing many new features that allow us to burn $PLUM and fight inflation.

Buyback Burning Mechanism

  • 3.9% deposit fee will be charged at staking.
  • 75% of the deposit fee (3.9%) will be allocated to buyback PLUM and burnt.
  • 25% of the deposit fee (3.9%) will be allocated as a dev & emergency fund.
  • Buyback burning will happen upon internal strategy.

Buring Other Mechanisms

Lottery - Portion of the winning are burnt
Fresh Pools - Deposit fees are burnt
Burning plan can be adjusted in the future to suit each stage of the project.
Last modified 8mo ago