DAOREX Burner

3% of all $REX traded are burnt in The DAOREX Burner. The more $REX it is traded, the more get burned by the DAOREX Burner, reducing the circulating supply and keeping the DAOREX protocol stable. This also adds a deflationary nature to the $REX token, equating to an increased value of the token.

12% of all trading fees are stored in the DAOREX Insurance Fund. (5% of trading fees will help sustain the protocol and back the staking rewards by maintaining price stability; 4% will be paid to the LP Stakers; 3% will be burned to prevent circulation supply getting out of hand.)

The DIF Address: 0x3a20e5dDb671C3299e992F170Fc3da5D7c119293