So What's the deal with BurnX??
We Are Built Different
Typical "tax" tokens primarily benefit inactive developers and teams without adding value to the community, we’re taking a different approach. This is a community initiative where our core mission is to support the expansion and long-term success of the SwapX ecosystem. We’re committed to driving this progress and elevating SwapX to maintain its position as the leading DEX on Sonic. How do we achieve this? Through consistent buy pressure, burning SWPx tokens, and pairing BRNx directly with SWPx. This is a fully decentralized, autonomous token with no admin control, no rug risks, and 100% of the supply in the liquidity pool and locked for 6 months.
Burnonomics 🔥🔥🔥
Paired with SWPx
Paired with SWPx
Paired with SWPx
BRNX is strategically paired SWPX in a liquidity pool, fostering a mutually beneficial dynamic. Each purchase of BRNX indirectly bolsters SWPX by facilitating burns, which applies steady upward pressure on SWPX’s value and enhances its liquidity. New money coming into the system needs to buy SWPx, and then buy BRNx. Upward pressure on BOTH tokens.
Liquidity Pool
Paired with SWPx
Paired with SWPx
Liquidity Pool Structure
- Full Allocation of BRNX to LP: The complete supply of BRNX is committed to the BRNX/SWPX liquidity pool, with no tokens held back or dilution risks.
- 6-Month Lock Period: The liquidity pool is secured for six months, providing stability and confidence while eliminating the possibility of a rug pull. Locking for 6 months, gives us an opportunity to pivot down the road if we need to.
- Equal Opportunity Launch: No team allocations, presale, or insider advantages—BRNX launches fairly, ensuring everyone begins on the same level playing field.
The Buy Tax
4% to the Buy & Burn Incinerator
4% to the Buy & Burn Incinerator
4% to the Buy & Burn Incinerator
This portion buys SWPX and burns it forever, reducing SWPX supply and keeping consistent buy pressure on SWPx
1.75% to the Treasury
4% to the Buy & Burn Incinerator
4% to the Buy & Burn Incinerator
- 1.5% gets Put into an automated oS/SWPX LP position on SwapX. We chose Origin Sonic (oS) over $S for the Treasury liquidity pool because it prioritizes higher yields, liquidity, and additional rewards/multipliers for Sonic Points.
- 0.25% to BRNX/SWPX Bribes: Incentivizes voting or liquidity for the BRNX/SWPX pair on SwapX.
0.25% to Buy & Burn BRNX
4% to the Buy & Burn Incinerator
0.25% to Buy & Burn BRNX
Fully deflationary, fully autonomous, burning BRNX with every buy transaction.
1. Mechanism of Deflation
- BRNX reduces it's circulating supply through the mechanism of token burning. When someone buys BRNX tokens, a portion is permanently removed from circulation and are sent to the 0xdead address, gradually reducing the total supply.
2. Purpose
- The primary aim is to create scarcity, which, according to basic economic principles (supply and demand), could increase the token's value if demand remains steady or grows.
