Dynamic Burning Model

Burning Mechanism

VERTA tokens are burned during transactions, dynamically reducing the total supply. This creates scarcity and increases token value.

How It Works:

1. Token Transfer Example:

   • Transferring 100 tokens triggers a burn mechanism.

2. Commission Calculation:

   Formula:

   Commission = Transaction Amount × (Total Supply ÷ 1,000,000)

   • Example: If 10,000,000 tokens are in circulation:

     100 × (10,000,000 ÷ 1,000,000) = 1 token burned.

   • If the supply reduces to 5,000,000 tokens:

     100 × (5,000,000 ÷ 1,000,000) = 0.5 token burned.

   • Lower supply results in reduced commission, maintaining deflationary effects.

3. Burning Process:

   • The commission amount is automatically burned, reducing the total supply.

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Benefits of the Burning Model

• Active Token Usage: Higher activity accelerates token scarcity.

• Value Growth: Reduced supply increases token worth.