Welcome to Virtus Finance
  • 🚀Virtus Finance Overview
    • 📌How Does The Auto-Staking Feature Work?
    • 📌What is a Rebase Token?
  • 🔰Virtus Protection Fund (VPF)
  • 🛅The Virtus Treasury
  • đŸ”ĨVirtus Auto Token Burner
  • âš–ī¸Virtus Auto-Liquidity Pool (VALP)
  • đŸŽ¯What is the APY?
    • 📌How is the APY Backed?
    • 📌How is the APY Calculated?
  • 🌐Periodic Interest Cycle (PIC)
  • đŸĨ‡$VAP Token
    • 📎$VAP Buy & Sell Fees
      • đŸ–‡ī¸Trading Fees breakdown
  • 🍁Road Map
  • đŸ›Šī¸PinkSale Pre-Launch
Powered by GitBook
On this page

Virtus Auto Token Burner

Virtus Burner Outline

PreviousThe Virtus TreasuryNextVirtus Auto-Liquidity Pool (VALP)

Last updated 3 years ago

2.5% of all $VAP traded are burnt by the Virtus Auto-Token burner which reduces the circulating supply and keeps Virtus Auto-staking protocol stable.

The other benefit to an everlasting burn of circulating supply is that due to the deflationary nature of it, equates to a higher value of each $VAP token, therefore increasing the individual value.

Virtus Auto Token Burner wallet address: Check in dapp

đŸ”Ĩ
https://app.virtus.finance/#/dashboard
Virtus Burner