Transaction Fee Burning

Although the MetaChain network is among the most suitable networks regarding transaction fees, the sum of the transfer transaction fees arising from intra-network mobility will reach quite high amounts, based on the ecosystem value.

In every transaction performed on MetaChain, cost-effective transactions and burning are performed. While the fees paid for the transfers are distributed to the pools determined by the system, as a result of this transaction, the Metatime Coins accumulated in the Burn Pool are triggered and burned on a daily basis.

$$BM = (F/10).(T+1)/(2.T^2)$$

Amount of Metatime Coins to Burn	(BM)
Transfer Fee (MTC)	(F)
10 Million Burned Metatime Coins	(T)
20 Million Burned Metatime Coins	(T+1)

All of the transfer fees within the MetaChain network are distributed to certain pools.

The MTCs accumulated in the Fee Pool are shared daily as follows.

Miner Pool: Represents the MTC allocated for each transfer result for high-yield mining models.

Holder Pool: Represents MTC, which is reserved for investors to develop their earnings patterns.

Charity Pool: Collects funds for charities from each transaction made on its blockchain network MetaChain, Charity Pool represents the MTC allocated for these charities.

Advertiser Pool: Represents MTC allocated for promotion and advertising budget.

Burn Pool: Represents the MTC to be burned after each transfer for sustained supply restric- tion. It is completely burned and removed from circulation.