🔥Burn Plan: Black Hole

Kuro Token's deflationary burn strategy

We understand the importance of maintaining a healthy token economy for the growth and sustainability of the Kuro Token project. As such, we have developed a comprehensive burn strategy to ensure the deflationary nature of Kuro Token

Black Hole Mechanism

• Reflections to Dead Wallet: An auto-burn mechanism was implemented where, out of the 5% reflections from each transaction, over 20% were distributed to the dead wallet, effectively burning them and removing them from circulation.

Monthly Manual Burns

• Our partnership with artist Sukai Xu allows us to perform manual burns every month. Sukai integrates Kuro Token into their collections and contributes a percentage of their NFT sales commissions to the Kuro ecosystem. These tokens will be burnt manually once NFT collections starts coming out.

Burn Events

• To engage our community and create excitement around Kuro Token, we will organize periodic burn events. These events could be contests, promotional campaigns, or giveaways, with a portion of the tokens allocated for these events being burnt as part of the process.

Continously Rising Price Floor

• 3% of every transaction fees is locked as liquidity in PancakeSwap KURO/BNB pool, creating an ever rising price floor.

Future Utility Burn

• As Kuro Token expands into gaming and DeFi platforms, we plan to introduce burn mechanisms tied to the utility of the token within these ecosystems. For example, KuroSwap, creating further deflationary pressure.

Transparent Reporting

• To build trust and confidence among our token holders, we will provide regular and transparent reporting on token burns, including the total amount burnt, burn events, and the impact on the circulating supply.

We believe in a burn strategy that will contribute to a healthy and sustainable token economy while rewarding you.