🪙Utility Token
The first and only TON token that actually burns
In April 2024 the team has launched Burncoin ($BURN) — a custom token with a deflationary mechanic unique for TON: 5% of tokens are getting burned each time someone sells.
$BURN will be used as a utility token for Prophet. Holders will get additional discounts on fees, govern in the development of the project and receive a part of the protocol revenue. From each round a small percentage of payouts, as protocol fees, will go to the Prophet's treasury.
Part of the protocol fees will be distributed among $BURN stakers, another part — among the liquidity providers. Also, part of the funds will be used as a prize pools for the community activities.
Last updated