Burning: Maintaining Balance and Community Benefits

The burning mechanism brings various benefits to a cryptographic ecosystem, especially prooving Emorya’s trust in their project.

Emorya implemented a continuous burning mechanism that uses a Smart Contract to ensure that the burning process is automated and in the community's interest.

To ensure transparency and accountability, Emorya Tokens are burned automatically after each transaction. The exact number of coins destroyed in each burn is publicly available on the MultiversX Blockchain Explorer. This transparency allows community members to calculate the current circulating supply at any time and promotes a better understanding of the token's value.