1/ A thread on #BURNITRUM and why it potentially can be the next big project on #Arbitrum๐งต
We will explore the concept of @BurnitrumCoin, its technical aspects, the benefits it offers to investors & how it differs from other cryptocurrency projects in the market!๐
2/ Buyback & Burn mechanism which does create a self-sustaining ecosystem.
As the value of $BRB tokens increases, so too does the value of the TX tax, which means that more funds will be allocated to the buyback & burn wallet. Which will further result in a higher value for $BRB
3/ Another benefit of Burnitrum's daily buyback & burn mechanism is that it incentivizes long-term holding of $BRB tokens. As the total supply of tokens is reduced.
The buyback & burn process takes place daily from 8-12 pm CET
Buyback & Burn wallet:
arbiscan.io/address/0x9fEFโฆ
4/ The $ARB treasury wallet is a critical component of the project, as it provides a pool of funds that can be used to finance future initiatives & provide rewards to NFT holders in giveaways.
Team buys $ARB between 8-12AM CET daily
Treasury wallet:
arbiscan.io/address/0x5f3cโฆ
/5 NFTs will be available for purchase w/ $BRB , NFT holders on the platform will also be rewarded w/ $ARB tokens from the treasury
Requirements to participate in the NFT giveaways & Boostpad whitelists:
- Hold a min of 250B $BRB (0,25% of tot. supply) for no less than 7 days
/6 Burnitrum is also building a launchpad on the Arbitrum network called - Boostpad.
This will enable entry into solid memecoins at a very early stage - below a $30k market cap
Access to the launchpad presales will be granted to NFT holdersโ
/7 Links:
Twitter - @BurnitrumCoin
Website - burnitrum.club
Telegram - t.me/Burnitrum
Chart - dextools.io/app/en/arbitruโฆ
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