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Burning Mechanisms
In order to increase the value of the $BEE token over a long-term period, the system must be deflationary: The graph below models the evolution of the number of burned tokens over a 10-year period. It highlights the deflationary components of this model, allowing more tokens to be burned than minted.
• For every property purchased, 1,000,000 tokens will be burned.
• For each NFT minted, 15% of the tokens will be burned.
• For each night booked, 15% of the tokens will be burned.
• The GLOBEES vacation rental platform will burn 15% of the tokens used for payment of stays.
Minting Vs. Burning
Last modified 5mo ago