Burning Mechanism🔥
Automated Inflation Reduction (Scheduled Algorithmic Emission Reduction)🔥
    The initial emission rate at launch is 80 VON per block, to provide initial liquidity.
    The emission rate will be reduced gradually until it reaches 10 VON per block.
    Our emission rate reduction logic was coded in the smart contract and was executed automatically.
Deposit Fee Burning🔥
    0.5% out of 3% Deposit Fee will be burned .
Buyback🔥
    0.5% out of 3% Deposit Fee will be allocated to buyback VON and take them out of Circulating Supply. Those VON will be distributed as special rewards in the future.
Milestones Burn🔥
    We regularly burn VON once certain milestones are achieved e.g. Reaching $10 million TVL
    This mechanism will assist other mechanisms to sustain the inflation rate of VON in a long-run.
    The amount of VON to be burned will be announced to our VONDERers Community in advanced. Stay tuned for our Announcements!!
Special Events Burn🔥
    We will also burn VON to celebrate special events such as celebrating VONDER's 1st Anniversary.
    Special Events Burn are not predetermined, but will occasionally happen as Celebrations of VONDERers Community.
    The amount of VON to be burned during our Special Event will be announced to our VONDERers Community beforehand. Stay tuned for our Announcements!!
Rest Assured!! VONDER Finance exists to keep all VONDERers Safe and Sound 😉✌️
You Check VON Burning Info Here
Last modified 2mo ago
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