Fair Burn
A mechanism that burns STARS and shares STARS with stakers.
Last updated
A mechanism that burns STARS and shares STARS with stakers.
Last updated
All fees collected from the Stargaze Marketplace and Launchpad are subject to the Fair Burn mechanism. This mechanic allocates 50% of the fees to be burned, effectively reducing the total supply of STARS tokens. The remaining 50% is distributed to STARS stakers as rewards.
For example, when you sell an NFT, a 2% Fair Burn fee is applied. Therefore, the entirely of STARS value goes back to you, stakers and holders.
