Deflation (NFTs + YOLOV)

Here you can find out more about long-term YOLOV deflation

YOLOV Token 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:

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
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 updated 2 years ago