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6. What is the deflationary mechanism of $BIB?

The burning mechanism of $BIB includes the following:

  1. Minting and burning mechanism (a) The $BIB spent on minting NFT will all be burnt (b) The $BIB spent on expedited fusion will all be burnt (expedited fusion: 4 same NFTs + $BIB to ascend star level)

  2. As the community node function has yet to be enabled during the period in between of NFT auction and presale, 60% of the node reward in the pool (approx. 66 million) will all be burnt.

  3. 1% of the transaction fee of all the on-chain transactions (including sale and deposit in DEX) will be directly burnt.

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