BurnedFi
The following explanation uses two token symbols, referred to respectively as Burn Coins and Build Coins. Exchange your Burn Coins for an equivalent amount of BNB, and mint Build Coins as proof. Assumption: Burn Coins worth BNB: 1000 Burn Coins will mint 1 Build Coins as your proof. At the same time, an additional 1 Build Coins will be minted and distributed among all Build Coin holders according to their Build Coin holdings. If you are the first person to burn Burn Coins worth BNB, you will receive 1 Build Coins and 1 Build Coin reflection rewards, for a total of 2 tokens. When the second burn occurs and the burned tokens are worth BNB, the participant will receive 2 Build Coin proof tokens and 1 Build Coin reflection rewards. You will also receive 1 Build Coins because you hold 50% of the share. And so on! - Claiming rewards: Reward calculation: your Build Coins held minus your proof (Build Coins) equals the BNB rewards you can claim. Assume your initial burn was worth 1 Build Coins (proof tokens). When you accumulate 10 Build Coins, you can claim a reward of BNB! Regardless of the number of Build Coin proof tokens you have, they will all be reset to zero when you claim your rewards. Do not claim rewards lightly; leave them for community development. - Referral rewards: When a burner uses your link to burn Burn Coins, you can receive 10% Burn Coin rewards. If you are also a referred participant, the person who referred you can also receive 5% Burn Coin rewards. The remaining Burn Coins will be sent to the burn address (0xdead), at least 85%。
Overview
The following explanation uses two token symbols, referred to respectively as Burn Coins and Build Coins. Exchange your Burn Coins for an equivalent amount of BNB, and mint Build Coins as proof. Assumption: Burn Coins worth BNB: 1000 Burn Coins will mint 1 Build Coins as your proof. At the same time, an additional 1 Build Coins will be minted and distributed among all Build Coin holders according to their Build Coin holdings. If you are the first person to burn Burn Coins worth BNB, you will receive 1 Build Coins and 1 Build Coin reflection rewards, for a total of 2 tokens. When the second burn occurs and the burned tokens are worth BNB, the participant will receive 2 Build Coin proof tokens and 1 Build Coin reflection rewards. You will also receive 1 Build Coins because you hold 50% of the share. And so on! - Claiming rewards: Reward calculation: your Build Coins held minus your proof (Build Coins) equals the BNB rewards you can claim. Assume your initial burn was worth 1 Build Coins (proof tokens). When you accumulate 10 Build Coins, you can claim a reward of BNB! Regardless of the number of Build Coin proof tokens you have, they will all be reset to zero when you claim your rewards. Do not claim rewards lightly; leave them for community development. - Referral rewards: When a burner uses your link to burn Burn Coins, you can receive 10% Burn Coin rewards. If you are also a referred participant, the person who referred you can also receive 5% Burn Coin rewards. The remaining Burn Coins will be sent to the burn address (0xdead), at least 85%。