The token symbols $burnedFi (shortened as $burn) and $burnBuild (shortened as $build) are used in the following references.
Convert your $burn tokens into an equivalent amount of $BNB and mint $build tokens as proof.
Assumption:
Burning 1000 $burn tokens worth 1 $BNB will mint 1 $build token as your proof.
Simultaneously, an additional 1 $build token will be minted and distributed to all $build holders [based on $build holdings].
If you are the first to burn $burn tokens worth 1 $BNB, you will receive 1 $build and 1 $build reflection, totaling 2 tokens.
When the second burn, with tokens worth 2 $BNB, occurs, the participant will receive 2 $build proofs and 1 $build reflection. You will also receive 1 $build (as you occupy 50% of the share).
And so on!
Claim Rewards:
Reward calculation: Your holdings of $build - Your proof (build) = BNB reward you can claim.
Assuming your initial burn value was 1 $build (proof), when you accumulate 10 $build, you can claim a reward of 9 $BNB!
Regardless of the quantity of your $build proofs, they will be reset to zero when you claim the reward.
Don't claim rewards too easily; leave them for community development.
Invite Rewards:
When a burner uses your link to burn $burn tokens, you can receive a 10% reward in $burn tokens.
If you were also invited, the person who invited you can also receive a 5% reward in $burn tokens.
The remaining $burn tokens will be transferred to the black hole (0xdead) address, at least 85%.
BurnedFi Price Analysis
As of December 25 2024 BurnedFi has a marketcap of $14M.
This is {{percentagefromath}} from its all time high of $10.25.
In terms of its tokenomics, there's a total supply of 13M with 100% currently outstanding.
Keep in mind BurnedFi has a fully diluted value of $14M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude
