LIME deflationary model!
iMe team has made an important decision to switch to deflationary model!
LIME tokens, obtained by the project for fees and provided services will be frozen for subsequent burning.
LIME sources for burning:
- Staking program fees;
- CryptoBoxes fees;
- Bridge fees;
- iMe Premium subscription;
- Subscription in channel catalog;
- Advertising in channel catalog;
- Subscription in game catalog;
- Advertising in game catalog;
- Other sources from future functionality.
When burning, tokens are removed from circulation and cannot be restored or used in the future.
The aim of this action is to reduce available LIME in circulation to maintain demand.
The burning process will be conducted monthly by transferring to a zero contract, ensuring transparency and accessibility for blockchain verification for all ecosystem participants.
The first burning process is scheduled for the 1st of June, 2024.
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