Burn Mechanism ๐Ÿ”ฅ๐Ÿš€

To maintain the value of $MEAL, Meme Alchemy has implemented a multi-layered token consumption and burn mechanism, linking user activity with token deflation. The platformโ€™s core interactions are designed as token utility scenarios, ensuring constant buyback and burning of $MEAL to counterbalance new token emissions from incentives.

Specific Burn Mechanisms

  • Transaction Fee Burn ๐Ÿ”„๐Ÿ”ฅ: In the Meme NFT marketplace, each transaction incurs a small $MEAL transaction fee (e.g., 2% of the transaction value). This fee is automatically burned via smart contracts (or periodically bought back and burned by the platform), reducing the total token supply in circulation.

  • Evolution & Fusion Costs ๐Ÿงช๐Ÿ’ฐ: When users trigger Meme evolution or fusion, they must pay a specified amount of $MEAL as an "alchemy fuel" fee. A portion of this fee is burned, while the rest is allocated to reward pools or platform operations. Since evolution and fusion are core gameplay mechanics, active user engagement creates ongoing token burn demand.

  • Competitions & Challenge Fees โš”๏ธ๐Ÿ†: In Meme Battle competitions, players may be required to pay entry fees or place bets in $MEAL. The winner receives rewards, while a portion of the losing sideโ€™s fees is burned. Additionally, leaderboard events and other tournaments can introduce $MEAL ticket fees, with collected tokens either burned through buybacks or distributed as community rewards.

  • Buyback Program ๐Ÿ”„๐Ÿ“‰: If the platform generates revenue from external sources (e.g., advertising, brand partnerships, or fiat/stablecoin earnings), the team may periodically buy back $MEAL from the secondary market and burn it, reinforcing community trust and long-term value confidence.

Through these multi-channel burn mechanisms, $MEALโ€™s circulating supply will continuously decrease as the ecosystem operates. As user engagement and trading volume grow, the number of burned tokens will increase accordingly, offsetting the inflation from new token emissions.

This "the more you use, the more gets burned" model ensures that $MEALโ€™s value appreciates alongside ecosystem growth, incentivizing long-term holding and participation. ๐Ÿ”ฅ๐Ÿ“ˆ

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