πŸ”₯ Auto-Burn

Clock360Burn Contract: 0xE7f776B36920CED1bE19b87a140CD63317BFeBcf

Some competitors claim to do a Burn by keeping at the beginning of the project for example 10% of the total offer and then they burn every week 2% of what they have.

This is a completely ridiculous system for two reasons.

Firstly, it is a large number of Tokens that they own and can sell at any time. Secondly, these are Tokens that have never been in circulation, so virtually it reduces the total supply in circulation, but in practice it is transparent and can have no impact on the price.

At Clock360 we have a real Burn system.

In each buy or sell transaction, 2% is used for the Burn.

The more transactions there are, the more burns there will be, thus controlling the supply of CLOCK by making it deflationary.

With each transaction, 2% is sent to a Smart Contract which has no function, so it cannot be withdrawn, it is locked in forever.

We are also unable to change the receiving address of the burnt $CLOCK on the Token Smart Contract, this protects investors from a Rug.

In addition to this we carry out regular burns and buybacks.

*The Lottery also contributes to the Burn. ( Lottery)

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