▪️$LOCK Burns

Sustainable Yields and Deflationary Model

The Staking Program aims to provide sustainable yields to $LOCK holders which is further supported by deflationary mechanics which enhance $LOCK's value through a program of consistent $LOCK burns.

Regular Burns

  • 20% of LOCK Tokens from Withdrawal Penalty Fees are burnt on a regular basis.

  • Additionally over 7,700,000 LOCK tokens (more than 7.7% of maximum total supply) previously bought back are being burnt in a regular schedule as part of the program.

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