The First Burn

When the Do Token was created and minted, there were initially 2 Trillion Do Tokens.

As part of our Tokenomics, 35% of the Do Tokens would immediately be “burned” by being sent to a ‘Dead Address.’ This permanently takes these tokens out of existence.

We did this because the Do Token is deflationary. From the day of creation, the Do Tokens will continually dwindle in number. Besides our initial burn, our Taxenomics will also take a percentage of Do Tokens out of circulation and burn them. As the number of Do Tokens in existence go down, it makes the remaining ones more rare and valuable.

Click on the BscScan image below in order to view this transaction on the Blockchain. 700,000,000,000 Do Tokens were destroyed February 24, 2022.