🔥Burn

Bomb Crypto employs a token-burning mechanism as a strategic tool to manage the supply and demand of its in-game tokens, primarily BCOIN and SEN. This practice involves permanently removing a portion of tokens from circulation, which can offer several significant benefits for the game's economy and its participants.

Key Advantages of Token Burning

• Reducing Supply: Token burning reduces the total supply of tokens in circulation. With a lower supply, if demand remains constant or increases, the value of the remaining tokens can rise.

• Combating Inflation: By regularly burning tokens, the game can counteract inflationary pressures. This helps to prevent the devaluation of the token over time.

• Increasing Token Value: As the supply decreases, the scarcity of the token increases. This can lead to an appreciation in the token's value, benefiting holders and players who earn and use the token.

• Incentivizing Holders: Regular token burns can create a positive feedback loop for token holders, encouraging them to hold onto their tokens rather than sell them, knowing that the reduced supply may lead to higher prices in the future.

• Economic Stability: Managing the token supply through burning helps maintain economic stability within the game, ensuring that the in-game economy remains balanced and sustainable.

• Boosting Confidence: Token burns can increase investor and player confidence in the game's economy and the development team's commitment to maintaining a healthy ecosystem. This can attract more players and investors to the game.

Token-Burning Table

Month	BCOIN	SEN	Total Supply (BCOIN)	Total Supply (SEN)
0	0	0	100,000,000	10,000,000,000
March	-202,137	0	99,797,863	10,000,000,000
April	-235,006	-154,932	99,562,857	9,999,845,068
May	-258,760	-46,727	99,304,097	9,999,798,341
June	-239,884	-198,782	99,064,205	9,999,400,777

Here are our official announcements for token burn:

• April: https://bombcrypto.substack.com/p/bcoin-and-sen-burned-event

• May: https://bombcrypto.substack.com/p/bcoin-and-sen-burned-event-may

• June: https://bombcrypto.substack.com/p/bcoin-and-sen-burned-event-june

We will update token burn information monthly so that users have an intuitive and transparent view in developing the game's economy.