Deflation (NFTs + YOLOV)
Here you can find out more about long-term YOLOV deflation
Each transaction applies a burn percentage
Additional burn sources:
1. Yolonaut Burn Fee
2. LP-Growth Contract
3. Loyalty Reward Claims
There are two ways the Loyalty NFT Supply Deflates:
- 1.After token withdrawal from the Keeper, the Loyalty NFT is reset to rank 0 and locked away forever--effectively increasing the reward claim amount for the remaining loyalty NFTs in circulation
- 2.A RECRUIT rank Loyalty NFT is required to mint a Yolonaut NFT, and the RECRUIT NFT is locked away forever
Deflation begins when the Loyalty NFT supply reaches below 500. Users will not be able to mint new Yolonauts, which requires one RECRUIT Loyalty NFT
Every time someone uses an Artifact, it is locked away.
Last modified 1yr ago