XPIN Network's Token Burn Algorithm Starting in Q1 2026, the XPIN Network will use the $XPIN token directly to purchase global data plans, implementing a deflationary mechanism that permanently burns used tokens. Combined with a halving system that halves each year, the total supply of 100 billion tokens will decrease over 10 years. This decrease will reinforce scarcity and support token value when demand remains constant or increases. ๐ข Usage-Based Automatic Burn System When a user pays for an eSIM data plan with $XPIN, a smart contract transfers the tokens to a verifiable burn address, permanently recorded on the blockchain to ensure transparency. As network activity increases, data consumption increases, automatically increasing the burn amount. A portion of transaction fees will also be burned, creating ongoing deflationary pressure. The burn address is inaccessible, with the private key missing and stored as 0x000...dead. The smart contract triggers an event upon burning, providing on-chain proof. ๐ข The synergy of halving and burning. The halving schedule, which halves the issuance amount annually for 10 years, limits the supply of new tokens. At the same time, burning reduces the circulating supply, creating a double deflationary effect. Revenue streams such as eSIM sales, data subscriptions, hardware sales, and partnership fees provide a stable source of burn funds, while the buyback program repurchases tokens from the market for additional burns. User growth and network growth accelerate the burn rate, creating a virtuous cycle of reduced supply and increased demand. ๐ข#storyteller point Automatic burn based on usage Smart contract verification Annual halving system Transparent blockchain records Buyback program integration Double deflationary pressure #XPIN ๐XPIN Official Links Website / Twitter (X) / Community
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