♦️Burn

Token Burn Mechanism

The AtlasPad platform offers a token burn mechanism to maintain the sustainability and value of the token economy.

Token burn aims to increase the value of the token by permanently removing a certain portion of the supply from circulation. A token burn typically involves the use of a portion of platform revenues or a transaction fee to purchase AtlasPad tokens and take them out of circulation permanently.

This reduces the supply in the supply-demand balance and can increase the value of the remaining tokens. Token burn on AtlasPad can be used for the following purposes:

• Value Increase: Restricting supply helps increase token value.

• Long Term Incentive: Periodic token burns are conducted to provide more value to platform users in the long term.

• Ecosystem Balance: Token burn is used as a strategic tool to control inflation on the platform and protect users' investments.

This mechanism rewards the active participation of users on the platform, while at the same time guaranteeing the sustainability of the token economy.

In the FCFS (First Come First Serve) round, 1% of the extra commissions received from investors will be transferred directly to the burn wallet. The team will regularly burn the amounts accumulated in this wallet every three months and share this process with the community transparently. Each burn will be supported by detailed reports to increase community trust and sustainability of the platform. The burning process and commission rates will be reviewed periodically and updates will be made when necessary.