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Burncoin (burn) is a deflationary cryptocurrency designed on the Solana blockchain, featuring an intentionally limited supply of 21 million tokens. Unlike Bitcoin, Burncoin has been crafted to incorporate a robust 4.20% burn tax on every swap and wallet transfer, which actively reduces its circulating supply. With a fair launch reflecting its commitment to transparency, Burncoin seeks to establish itself as a movement centered around the principles of scarcity and community involvement.
Born from the turbulent landscape of 2025’s tariff wars, Burncoin was created by Burning Kitty as a response to the need for a resilient cryptocurrency that embraces the concept of burning tokens. The pre-sale mechanism employed was a Dutch auction, where 19 million tokens were made available to the public, ensuring equal opportunity for all participants. The allocation of tokens was carefully planned, with a portion allocated for liquidity pools, further emphasizing the community-driven ethos behind Burncoin’s development.
Central to Burncoin’s appeal is its 4.20% burn tax, enforced by Solana Token Extensions, which ensures that every transaction inherently contributes to increasing the token’s scarcity. This on-chain mechanism guarantees that the tokens are permanently removed from the supply, creating an added layer of value through scarcity. With its fast, low-cost transactions and commitment to a fully decentralized model, Burncoin aims to continuously engage its community and promote widespread adoption, standing out in the evolving landscape of cryptocurrencies.
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