# What is XBURN
**Powering Hyper-deflation and bonded liquidity system with massive buy and burn**
XBURN, built on PulseChain, is a hyper-deflationary token with a unique daily auctions system. It features a capped total supply of around 1 billion. The entire supply of XBURN tokens is distributed in the first 10 days of the protocol's existence, triggering a fast deflation afterwards with a massive buy and burn.
73% of system value is used to buy XBURN off the market and store it in the buy and burn mechanism or in XBURN Vault.
16% of system value is used to enhance bonded liquidity pools with X protocol and PVOLT (providing some additional buy pressure on XBURN). Feeding the bonded liquidity mechanism includes purchasing core PulseChain ecosystem tokens such as PLS, PLSX, HEX, ATROPA, DAI and TEDDYBEAR and growing PVOLT's liquidity pools. This contributes to a continuous buy pressure on the entire PulseChain ecosystem through its inherent liquidity bondings.
Up to 8% of system value is used to buy and burn X protocol and PVOLT (capped supply deflationary tokens liquidity bonded with key Richard Heart tokens (PVOLT), ATROPA ecosystem (PVOLT) and pTGC ecosystem (X protocol)), effectively resulting in additional positive value creation for XBURN through its own liquidity bonding with X protocol and PVOLT. Tokens that are bonded together, move together.
3% Genesis
**XBURN's Pumpamentals:**
💥 Huge buy and burn and additional buy pressure through XBURN Vault and bonded liquidity pools
🔥 Hyper-deflation after 10 days
🎯 Capped supply of around 1 billion (1.055 billion exactly)
⏳ Full token distribution in 10 days
🟢 100% fair launch
♻️ XBURN Vault ensures perpetual auctions with deflationary tokenomics
⚡️ XBURN is powered by PLS; further liquidity bonding with X protocol and pVOLT amplifies the buy and burn with synergistic effect
# Token Distribution
Fuel the XBURN Vault, Power the Game!
The entire XBURN supply is minted with PLS within the first 10 days, with no additional tokens created afterwards. This makes XBURN deflationary very quickly.
**XBURN Token Distribution:**
• Max Supply: 1 billion tokens (exactly 1,055,000,000).
• Liquidity Wallet: 50 million tokens (to be paired with other Protocols on PulseChain in the future to create stronger liquidity bonding with top performing deflationary tokens).
• Starting Liquidity: 5 million tokens paired with WPLS for the starting LP.
• Stage 1 (Days 1-10): 100,000,000 XBURN tokens auctioned daily.
• Stage 2 (Day 11 onward): All auctioned XBURN tokens come from XBURN Vault: 20% of total supply of XBURN tokens accumulated in XBURN Vault at given time will be auctioned daily into perpetuity.
Daily emission of all XBURN tokens to be distributed will take effect at 2p.m. UCT every day. Any arbitrage between the auction tokens and XBURN liquidity pools' tokens will be very evident, allowing the participants to take instant advantage of any price difference.
**PLS Token Distribution:**
Daily auctions for XBURN are conducted using PLS
• **XBURN** **Buy and Burn / Feed XBURN Vault / Grow** bonded liquidity pools: 89%
• **PVOLT buy and burn**: 5%
• **X protocol buy and burn**: 2%
• **Voltage Game Rewards** (website: voltcoin.win): 1%
• **Genesis**: **3%**
# XBURN Vault
Power the Vault: Burn, Earn and Watch XBURN Vault explode.
XBURN Vault is the magic behind XBURN tokenomics, that insures a perpetual auction with a deflationary token.
**XBURN Vault:**
• **Source**: After the initial 10-day period, XBURN Vault is the exclusive source for auction tokens.
• **Starting Supply**: XBURN Vault begins with zero tokens.
• **Daily Auction**: 20% of the tokens in XBURN Vault are available for auction each day after Day 10.
• **Token Entry**: Tokens enter XBURN Vault when purchased via XBURN Buy and Burn/Feed mechanism.
• **Recycling Mechanism**: 55% of tokens acquired from the liquidity pool through BNB are sent to XBURN Vault.
**Deflactionary Mechanism**:
• **Buy and Burn Impact**: The daily buy and burn process reduces the number of tokens, decreasing the overall supply available for future auctions.
• **Permanent Supply Decrease**: This process ensures a permanent reduction in the total supply of XBURN tokens, making the token deflationary.
**XBURN Vault Game Theory**
• **Deflationary Auction System**: XBURN Vault allows the XBURN token to be deflationary while sustaining an auction system.
• **Arbitrage Incentives**: The auction system encourages arbitrage between the auction and the liquidity pool, as a massive proportion of system value is directed towards the buy and burn / feed XBURN Vault mechanism.
# Buy and Burn, Feed XBURN Vault and Feed Bonded Liquidity Pools Mechanism (89% of system value):
73% provides direct buy pressure on XBURN:
⚡️55% goes back to XBURN Vault
🔥45% used to buy and burn XBURN
16% feeds bonded Liquidity Pools mechanism applying further buy pressure on XBURN and buying other tokens including X protocol, PVOLT, key Richard Heart ecosystem tokens and key ATROPA ecosystem tokens.
5% buys and burns PVOLT
2% buys and burns X protocol
1% adds to the Voltage Game Rewards (website: voltcoin.win)
3% Genesis
# Perpetual Daily Auctions
Countdown to ROI: 10 Days to Ignite, Every Day to Win.
The total supply of XBURN tokens will be fully distributed over the first 10 days. After that, the deflationary mechanism will take effect. However, the auctions will continue indefinitely, thanks to a unique innovation which is XBURN Vault.
**Daily Auctions Details**:
• Auctions are 24-hours each.
• During first 10 days there is 100,000,000 XBURN tokens up for auction every day.
• After the 10th day the daily auctions consist of 20% of all the XBURN tokens in XBURN Vault each day.
**Daily Auction Claiming**:
All XBURN tokens from the daily auctions are distributed simultaneously at the start of each new day.
This ensures a clear price comparison (and potential arbitrage opportunities) between the tokens received from the auction and the liquidity pools price.
**Daily Auction Game Theory**:
• The entire token supply is released through the first 10 days.
• This allows XBURN tokens to immediately enter a deflationary phase after 10 days.
# Liquidity Pool Formation
Bonded Liquidity Mechanism at its finest!
**Liquidity Pools Formation**:
• XBURN/WPLS liquidity pool is formed by the contract when the first $5000 comes into the auction, and is paired with 5,000,000 XBURN Tokens. This creates a starting price of $0.001.
• 2nd liquidity pool will be XBURN/PVOLT. PVOLT is already liquidity bonded with all core PulseChain ecosystem tokens including: PLSX, HEX, ATROPA, DAI, TEDDYBEAR.
• 3rd liquidity pool will be XBURN/X. X protocol is built on pTGC and is already liquidity bonded with pTGC and UFO ecosystem.