PolyGoon
  • What is PolyGoon?
  • Vision & Mission
  • Roadmap
  • FEATURES
  • Swap / AMM
  • Goon Farms
  • Goon Pools
  • TOKENOMICS
    • PolyGoon Token (GOON)
    • Burning Mechanisms
    • Investor Protection Mechanisms
    • Fees
  • CONTRACTS & SECURITY
    • Contracts
    • Audits
    • Migrator code
    • Timelock
    • Source code
  • SOCIALS & FORMS
    • Official socials
    • Partner application form
  • FAQ'S & TUTORIALS
    • How to buy GOON?
    • Metamask tutorial
    • How to bridge ETH assets to the Polygon (MATIC) Network?
    • How to setup a custom RPC URL for Metamask
    • Investment risks
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  1. TOKENOMICS

Burning Mechanisms

The different ways to burn GOON

We make tokenomics a priority for our project, and we are constantly thinking about how to bring value to the token over time, which is why in each feature that we implement, the major part of the profit is returned to the holder in the form of buy back & burn.

Implemented - Burning Mechanisms / Features

AMM DEX - 0.1% of each trade on our DEX is used to buy back & burn the GOON token.

Vesting contract - Users can claim their vesting tokens before their unlocking date, resulting in a burn of half of the vesting tokens

Besides these mechanisms, we will also use part of the income generated by the deposit fees for buy back & burn GOON.

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Last updated 3 years ago

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