🎆Automatic Hyper Burn

Thanks to GAMIVERSE own innovative Hyper Burning program, every day, 1% of 100 million tokens will be burned i.e 1 million tokens each day are burned!

With our Hyper burn program, 1 million tokens are burned each day, so GAMIVERSE's total supply will constantly be deflating against your balance, while your balance is constantly increasing against GAMIVERSE's total supply. This built-in mechanism creates a true supply/demand metric for the GAMIVERSE token as it becomes ever scarcer against your balance with time.

In simple words, if you just hold GAMIVERSE, your share of the total market cap will ever-increasing. Even if the market cap is not growing ( no new investor), the USD value of tokens in your wallet will still be growing. If the market cap is grown by having new investors, your USD value of tokens will grow even more thanks to your share/total supply increasing continuously every week.

What does it mean?

This is an operation that consists of removing circulating tokens from a cryptocurrency by “burning” them.

The burn is used to support the supply of the project, we decided to innovate this principle when we started our Automatic Hyper Burn program.

Burning a token means removing it from circulation, which reduces the number of coins in circulation. This mechanism is used to prime a new coin or introduce scarcity, which causes the value of the coin to increase.

Burning of tokens can be done in two ways:

• Manually send it to an unowned BSC address, called an “eater” or “burner” address.

• Or more efficiently, create a contract that is unable to spend it.

In both cases, the burned tokens are unusable.

What will be our strategy?

The burned tokens come from the Burn contract that you can find in the Gamiverse contract. So you can follow the weekly burn.

The burned tokens will be sent to the burn BSC address:

0x000000000000000000000000000000000000dEaD

The program starts with 1 billion $GVERSE reserved exclusively for this purpose and will increase over time. In order not to be a pump and dump program we will perform the burn operations in a linear and automatic.

Every week, 7% of the total circulating supply will be burned. This percentage will evolve over the days based on our Automatic Hyper Burn algorithm. The burn calculation will be updated daily according to the number of holders and the tokens held by each.