Welcome to Burnix

About Burnix

Burnix is a community-driven token built on the Terra Classic network, designed to accelerate the burn process of LUNC tokens while rewarding users for their participation. Starting with zero supply, Burnix tokens are minted by burning LUNC tokens by users who help support the ecosystem. Through a unique reward system and transaction tax model, Burnix encourages active participation and promotes increased on-chain volume. The tax collected on each trade helps reduce supply, provide liquidity, and reward Burnix holders. Fully transparent and community-owned, Burnix offers a new way to contribute to the LUNC burn movement while benefiting from potential growth.

Contract Address:

Burnix Litepaper

How minting Burnix works?

Minting Burnix tokens is simple and done through this minter app. To mint Burnix, you exchange LUNC tokens. By executing the minting contract with the specified amount of LUNC, the contract burns the LUNC tokens and creates Burnix tokens based on the mint ratio, which are then sent to your wallet. This process not only helps to reduce the supply of LUNC but also contributes to the growth of the Burnix ecosystem.

Tokenomics

Earn with Burnix

With Burnix, there are several ways to earn and benefit from the ecosystem:

1. Minting and Trading: Mint Burnix tokens by exchanging LUNC. When price of Burnix rises on the DEX, you can sell it for profit.
2. Transaction Rewards: Hold 50000(will change later) or more Burnix tokens to qualify for unique circular-reward distribution. As trades happen, rewards are given to holders in a fair, rotating pattern.

Join the Burnix movement and start earning while contributing to the LUNC burn process!