BurnsDeFi (BURNS)

BurnsDeFi (BURNS) is a decentralized finance (DeFi) cryptocurrency that offers a unique burning mechanism, rewarding holders with BNB (Binance Coin) as a reward. With a total supply of 21,000,000 BURNS tokens, BurnsDeFi implements a 1.2% tax on buys and sells. The ownership has been renounced, ensuring a fair and decentralized ecosystem. The liquidity pool (LP) status is mint, providing liquidity for trading.

Through BurnsDeFi Economics, users can participate in burning their BURNS tokens and receive BurnsBuild (an auxiliary token) as a reward. The amount of BurnsBuild received is determined by the amount of BURNS tokens burned, resulting in an equivalent amount of BNB. The reward allows users to obtain 2x returns on the burnt amount, capped at 2x and claimable manually from the website. The speed at which rewards are given depends on the transaction volume, with 1% of the volume allocated to the rewards pool.

BurnsDeFi offers a fair minting system, with ownership renounced and LP burnt. Users can acquire 100 BURNS tokens by exchanging 0.002 BNB. Failed transactions contribute to the rewards pool, helping to support the ecosystem. The tokenomics of BURNS includes a 1.2% tax on buy and sell transactions, with 1% going to the rewards pool and 0.2% directly burned. Additionally, the token has a self-burning mechanism that burns 0.5% of its supply daily from the liquidity pool, net of taxes.