Gas Fee Burn and Distribution
50% Gas Fee Burn
Biweekly Burn: Every 15 days (or X blocks), 50% of the gas fees collected across the network will be permanently removed from circulation. This action directly reduces the total supply of $PLYR tokens, creating a deflationary pressure that can contribute to the token's long-term value appreciation.
Transparency and Predictability: The regular, scheduled burning of gas fees ensures that this deflationary mechanism is both transparent to the community and predictable, allowing participants to understand how the token supply will evolve over time.
50% Distribution to Validator Clusters Owners
Rewarding Participation: The remaining 50% of the gas fees collected will be distributed among the owners of validator clusters. This distribution rewards those who contribute to the network's security and transaction processing, aligning their interests with the overall health and success of the PLYR CHAIN.
Sustainable Incentive Model: By providing a continuous stream of rewards to validators, PLYR CHAIN ensures the sustainability of its consensus mechanism and encourages ongoing participation and investment in the network's infrastructure.
Last updated