Sometimes burns matter; sometimes they don’t. A continuous burn on any one protocol can be nice in the early days, however, this means the burn cannot be finite or controlled in any way. Having burns controlled by the team and promoted based on achievements helps to keep the community rewarded and informed. The conditions of the manual burn and the amounts can be advertised and tracked.
CocoSwap aims to implement a burn strategy that is beneficial and rewarding for those engaged for the long term. Furthermore, the total number of COCOSWAP burned is featured on our readout located on the website which allows for further transparency in identifying the current circulating supply at any given point of time.