What is the difference with out burn? Let me take a moment to break down the two types of burns implemented within the $CHINA contract.
1) Incinerator Buybacks: 5% of the buys/sells place ETH into a queue in the contract. Once that queue reaches .1 ETH in value, it will place a buy order on the chart. Buys coming from this address are burned off-chain forever, reducing supply. This process expedites deflation.
2) True Burn: 2% of all buys/sells are immediately burned off-chain forever, further reducing total supply on every trade.
3) Community Burns: Want to try burning some tokens to see how our true-burn tech works? Simply send any amount of $CHINA to the incinerator address and watch it get removed from the blockchain forever.
Incinerator Address:
0xA67827EF5d9Ed0C1A975C3F518B5A452B7b36023
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