Constant Burning
Last updated
Last updated
While investors and MetaCoin users are financially protected โ thanks to the unstoppable supply restriction by MetaChain and the indefinitely constant burning mechanism that continues in high amounts at the beginning and then decreases โ, META gains value day by day because of the supply-demand balance. For all MetaCoin that are not sold during the presale phase, a burn pool is created, and unsold MetaCoin are transferred to this pool. These are burned through the Auto-Burn mechanism. Auto-Burn is a formula that guarantees that the maximum META is removed from the circulation in the optimum time without leaving the burning process to the initiative of the individual.
M=((MB.13.10 4 )/(100LP+S).((Cos(n.10 โ9 +86)).2,923)
With the Auto-Burn formula, burning is performed regularly in 2-month periods, inversely proportional to the META price. Under the Cos90=0 valuation, the formula remains unchanged until unsold METAs are burned.
Amount of MetaCoins to Burn
(M)
Liquidity Price
(LP)
Number of Blocks Produced in 2 Months
(MB)
Variable Value
(S) (Initial Value: 1000)
Total Burned MetaCoins
(n)