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10,000 NFTs ⎸ Free mint ⎸BNB Chain
https://t.co/A0wHO4L2dP
Really pleased to announce that our new $CARR tokenomics are now live and available for view.
https://t.co/HuuCfLW5ng
Carrchain is powered by the $CARR token and is the backbone of Carnomaly's data and vehicle history repository. The $CARR token is used as the gas that activates the primary burning mechanism, as vehicles are added to the Carrchain platform
The total supply of $CARR tokens will be 12.5B and will be reduced as vehicles and transactions are burned to a final supply of 5.5B
* Deflationary from here as we burn back to a final supply of 5.5B
* Every transaction from here, including your interactions on chain cause deflationary burns
* Staking pool size remains unchanged (increased supply is for commercial purposes only)
* Supply can never increase as the mint function has been permanently removed.
* We will have big weekly accumulated burn events
* Increase in supply is to enable the Carrchain to grow and all tokens are burnt after use.
* New tokens will not enter circulating supply or be eligible for staking.
* As we add Cars in ever increasing amounts this will cause ever larger primary burning events