Receipt 4
Sep 15Supports a sentence in PONS is up 23% in a day, and 31% of the supply is burned
[4]
The same CoinMarketCap explainer specifies that 80% of the protocol’s share of fees is automatically used to buy PONS from the market and burn it.
verified span
“Critically, 80% of the protocol's share is used to automatically buy PONS from the market and burn it, creating a direct link between platform usage and token scarcity (Gilmo).”
- Source
- coinmarketcap.com https://coinmarketcap.com/cmc-ai/pons/what-is/
- Verification
- Span verified: the quoted text was found at the source at build time.
- Span SHA-256
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e78d55ae8912bac45592ef19afa65679e8dc14228ec75447ce56c2611b2c6f13