# 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

![](https://3198442888-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MakeeabVU3Pn2iVRCSv%2F-Makf1C_8RvMnJaBZgnv%2F-MakkyNzxqCeWELLP76A%2F3b.png?alt=media\&token=5bbf1c5d-404e-417a-8861-f1de98b4d42e)
