🟒Burning Schedule

Burning System

The value of ZEN is closely linked to the growth of the Zenit project. This is achieved through a constant burn of ZEN tokens proportional to the fees collected by the platform.

Specifically, the burn of tokens occurs according to the following formula

Amountβ€…ofβ€…ZENβ€…burned=Totalβ€…Monthlyβ€…Zenitβ€…Feeβ€…βˆ—0.20ZENβ€…priceAmount\:of\: ZEN\: burned=\frac{Total\: Monthly\: Zenit\: Fee\: * 0.20} { ZEN\: price}

The amount of ZEN burned depends on the ZEN price at the time of buyback.

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