🔥Burning Mechanism

One of the key components of DynaChain's tokenomics is its burning mechanism. This process is designed to reduce the total supply of DynaChain tokens (DYNACHAIN), thus creating a deflationary effect that can enhance the token's value over time.

Initial Burn: 500 Million Tokens

As part of DynaChain's Version 1 (V1) launch, an initial burn of 500 million DYNACHAIN tokens was conducted. This significant reduction in supply was aimed at establishing a strong foundation for the token's economic model and demonstrating DynaChain's commitment to creating value for its community.

Comparison to Version 1 (V1)

• V1 Token Supply: Initially, the total supply of DynaChain tokens was set at 1 billion.

• Burn Mechanism Implementation: With the implementation of the burning mechanism, 500 million tokens were permanently removed from circulation, reducing the total supply to 500 million.

• Impact on Value: By halving the supply, DynaChain aimed to increase scarcity and, consequently, the potential value of the remaining tokens.