Burning Mechanisms

To sustain the BOBA token, we understand that we need a sufficient burn mechanism and plan in order to provide deflationary pressure to BOBA.

Buying back and burning

• At 500k TVL, 0.25% of the TVL will be bought back and burned

• Subsequently, for every 250k increase to the TVL, 0.1% of the TVL will be burned

• Additionally, all dev rewards will be burned

Transfer Tax Burning mechanism

• Every transaction of BOBA will incur a 3% transfer tax

• The 3% transfer tax will be burned automatically

• Use 3.5%+ slippage to buy BOBA, any less slippage will cause the transaction to fail