Next Buyback & Burn
Automatic burn every 3 minutes
Percentage of total supply burned so far
0 tokens burned of 1,000,000,000 total supply
All buyback & burn transactions
0 transactions total
Overview
100% of fees go to buyback & burn
All fees generated from trading are used for buybacks and immediately burned, creating deflationary pressure and increasing scarcity.
Deflationary
tokenomics
Continuous buyback and burn creates deflationary tokenomics, reducing total supply over time and increasing value for holders.
Supply reduction and price appreciation
$INCENSE tokens bought from market are sent through automated buyback and burn, permanently reducing total supply, allowing price to appreciate.
Mechanism for Burning
How 100% of fees create deflationary pressure through automated buyback and burn
Fee Collection
100% of fees generated from trading volume are collected automatically every 3 minutes
Market Buyback
The collected fees are then used to automatically buy $INCENSE from the market
Permanent Burn
Bought $INCENSE are sent to burn address and removed from circulation forever
Deflationary Benefits
Reduced Supply
Every burn permanently reduces total supply, making remaining tokens more scarce
Volume Benefits
Higher trading volume means more burns, creating positive feedback loop
Increased Scarcity
Every burn permanently increases scarcity and potential value
Holder Rewards
As supply decreases, each token represents larger share of total supply