Whitepaper
  • Whitepaper
  • Terminology
  • Abstract
  • Introduction
  • Vision
  • Overview
    • Current Problems of Existing Blockchain Networks
      • Trilemma
      • Transaction Speed
      • User Experience
      • Software Development
      • Decentralization
    • Metatime Solution
  • MetaChain
    • An Overview for MetaChain
    • MetaAnthill
    • EVM to MVM
    • MetaChain Consensus Mechanism: PoM
    • Transaction Check Per Second (TCPS)
  • Proof of Meta Consensus Mechanism
    • MetaMiner (MPoS & MetaAnthill)
      • Fees and Rewards
    • MacroMiner (MPoH & MetaAnthill)
      • Archive Node
      • Full Node
      • Light Node
    • MicroMiner (MPoSW & MetaAnthill)
  • Scalability
    • Blockchain Network Structure
    • Energy Consumption
  • Smart Contract
    • Smart Contract Compatibility
    • Smart Contract Fees
  • Transaction
    • Transaction Fees
  • Attack Vectors & Security
    • Transaction Denial
    • Eclipse Attack
    • Double Spending
  • Native Token
    • Metatime Coin (MTC)
    • Token Burning
      • Transaction Fee Burning
      • Constant Burning
  • Experimental Results
  • Information
  • Audit
  • Solution and Conclusion
    • Focused on 'Human'
  • References
  • Disclaimer
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  1. Native Token

Token Burning

Supply restriction is ensured by burning systems through the policy of value protection and sustainability. Two different burning methods are used for MTC.

Thanks to the burning system with continuous supply restriction, transfer burning is applied in all transactions within the network, and a constant burning formula is applied every time. This means that the circulating token supply is kept in a deflationary structure by preventing a continuous and large increase.

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Last updated 2 years ago