Gamified Burning Mechanism (GBM)
Last updated
Last updated
The Gamified Burning Mechanism (GBM) is DeFive’s innovative approach to reducing the circulating supply of FIVE tokens, enhancing their scarcity, and creating a deflationary effect on the platform. With a commitment to significantly improve the mechanism and increase token burns compared to WigoSwap on Fantom, GBM ensures long-term value and sustainability for the ecosystem.
DeFive allocates ~12.5% of transaction fees to the GBM, effectively doubling the burn allocation compared to WigoSwap. This ensures that every transaction on DeFive contributes to reducing the circulating supply of FIVE, reinforcing its scarcity and value over time.
How GBM Impacts You
As a DeFive user, every interaction you have with the platform—whether trading, participating in mini-games, or minting NFTs—directly contributes to token burns. This collective effort strengthens the value of FIVE and aligns the ecosystem’s growth with user participation.
Increased Scarcity By allocating a significant portion of platform fees and activities to token burning, GBM reduces the circulating supply of FIVE, increasing its scarcity and long-term value.
Gamified Engagement GBM integrates seamlessly with DeFive’s gamified features, such as NFT minting, the Predict mini-game, and profile creation, turning user participation into a meaningful contribution to the ecosystem.
Sustainable Growth With a robust burn mechanism, DeFive creates a deflationary environment that supports tokenomics, rewards loyal users, and ensures the platform remains sustainable over time.
