Burning

The token burning mechanism is implemented to balance the system and is able to compensate for the impact of inflation.

Burning is tied to the inflation rate of the world's reserve currency. In case of inflation of this currency, EON tokens are burned. The minimum percentage of burning is equal to the percentage of inflation, and may exceed it. The inflation-linked token is designed to preserve the buying power of its holders.

The EON burning mechanism helps to increase the stability of the token's price behavior. Only tokens received by the platform in the form of commissions from participants can be burned. When the share of burned tokens reaches 50%, the burning will be stopped.