πŸ”₯XOXNO Burner

The concept of token burning is an integral part of the XOXNO ecosystem. The maximum token supply is strictly capped at 100 million. This section is designed to provide only the most relevant information regarding token burning, focusing on clarity and conciseness. For those seeking a more comprehensive understanding of token utility, detailed information is available on other pages, offering a deeper exploration into the wider applications and functionalities within the token ecosystem. The following list outlines the specific fees and their respective percentages that are dedicated to burning XOXNO, ensuring a balanced and sustainable economic model:

  • NFT Trading: 10% of the fees from NFT trading.

  • NFT Minting: 10% of the fees from NFT minting.

  • P2P NFT Trading: 100% of the fees from peer-to-peer NFT trading.

  • NFT Staking Fee: 10% of the fees.

  • XOXNO Liquid Staking Fee: 10% of the fees.

  • Smart Contract (SC) Royalties: 25% of the smart contract fees.

  • Web Platform Pro Subscriptions:

    • Fiat payments: 20% of the fiat payments will be used for burning XOXNO.

    • XOXNO payments: 50% of the payments made in XOXNO will be burned.

  • NFT Ticketing System: 50% of the payments made in XOXNO will be burned.

  • NFT Launchpad Fees: 10% of the payments relating to the launchpad, such as the registration fee, will be used for burning XOXNO.

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