Burning 🔥🔥🔥

As one should know, infinite supply and constant token emission doesn't sound well for good economics.

However, good burning mechanisms tend to help maintaining a deflationary structure to the token economics. That's what we tried to put in place, inspired by BSC projects, Hybrid Burning is settled to burn as many tokens as possible and therefore ensure a sustainable economy.

What is Hybrid Burning ?

Hybrid Burning refers to projects that use many mechanisms to burn tokens, a lot of them exist and can aggregated. The more burning mechanisms are in place, the more deflationary should the tokenomics be.

• Buyback Burning : This is the most common burning mechanism that is used because of its facility to achieve. All the fees collected will serve the purpose of buying back tokens in order to burn them. Therefore, the more sharkies 🦈 the more burning 🔥

• Transfer Tax Burning : Each transaction using $SHARK will have a 1% fee which will be instantly burned to hell

• Pool Deposit Fees : While most of those fees will served for Buyback Burning, a small portion will be allocated to the development team for Marketing & Future Burning Mechanisms 🎁