Burning Mechanism

Passive Transfer Tax Burning

According to our tokenomics design, each transfer must pay a 5% transfer tax. All the transfer tax will be burned (sent to the black hole address) immediately.

Black Hole Address: 0x000000000000000000000000000000000000dEaD​

Buyback Fund

• We plan to set up a Buyback Fund for regular buyback and burning RUM tokens.

• Every 12 hours, we will inject money into the fund.

• Buyback happens every 12 hours and will use 7.5%-15% of the fund each time.

• You can check the current fund balance on the homepage.

• We will post all the buyback & burn record on the "Buyback & Burn Record".

Deposit Fees (1% - 2.5%)

• 1% - 2.5% deposit fee will be charged at staking.

• Buyback Fund will be added every 12 hrs.

• 0.5% deposit fee will be allocated to add into RUM Buyback Fund.

• 0.5% deposit fee will be allocated to add into RUM Buyback Fund.

• Other deposit fee will be allocated as a dev & emergency fund.