Burning

Dungeons burn mechanism

Charge 1% fee in dragon vaults and 1.5% for other vaults of harvest rewards will be used to buy back $DFL and burned. The buy-back DFL and burn mechanism will make DFL more scarce and valuable day by day.

Proof of IFOs burn

Burn
$DFL Amount
Burn Tx ID
#1. July 16, 2021
5,045,885 KLP
IFO Castle (KLP Burned forever):
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Note

  • #1. The first IFO of Defily was special in that it burned the KLP token of DFL-KAI, not only DFL, to ensure the Liquidity of DFL/KAI is there forever. Because the burning is KLP, when DFL price goes up, the number of DFL in KLP decreases.