Скачать или смотреть Web3 Games Platform Tamadoge Announces New Burn Program to Boost TAMA Coin Scarcity And Value

Thursday, September 7th, 2023 – Web3 games platform Tamadoge today announces an exciting new burn program to boost the scarcity and value of its native token, $TAMA.

The burn program starts today as part of Tamadoge’s comprehensive strategy for reducing the circulating supply of $TAMA. The Tamadoge team is targeting new centralized exchange listings, and the burn program is a key part of that push.

There are three methods used in the burn program: Mega Burns, Community Burns, and Platform Revenue Burns.

Ease of use is at the center of everything Tamadoge does, and it is no different when it comes to involving the community with the burning program.

As such, to encourage community involvement, each of the three types of burn and their schedules are available for all to see on the newly launched Tamadoge Burn Portal.

In addition to the burn schedules, the Burn Portal keeps a tally of the number of tokens burnt to date. Logged-in users will also be able to see a counter of how many TAMA they have burned. 

Tamadoge Burn Portal – there are 3 burn methods:

Mega Burns

There will be special promotional events aimed at burning a significant amount of $TAMA tokens in the fourth quarter of 2023.

Community Burns 

For each $TAMA token that the community opts to burn, Tamadoge will match it by burning an equivalent amount of $TAMA, up to 5 million $TAMA. This part of the program will end on November 5, 2023.

Platform Revenue Burns 

All revenue generated from Tamadoge platform sales will be converted into $TAMA tokens and subsequently burnt.

Tamadoge makes it easier than ever for the community to participate in burning.

To get started with burning, simply connect your wallet to view your $TAMA balance, enter the amount of token you wish to burn, and then click the burn button to initiate and complete the transaction.

Users will, of course, be responsible for paying the Ethereum gas fees for these transactions, so it is best to burn when the network is least busy.

For those using MetaMask on a desktop computer, the transaction will be handled by the Chrome browser extension. Alternatively, if you are connected with a Tamadoge Wallet (Web3Auth), the transaction will be handled by the Tamadoge and Web3Auth user interface flow, although you will still need to pay ETH gas fee.

Keeping the community up to date, the Burn Portal includes the following data points:

Total TAMA burntTotal TAMA burnt by communityTotal TAMA burnt by user (if connected)

Tamadoge believes these new features and burn methods provide an engaging and transparent way for the community to participate in the ecosystem's growth.

Tamadoge CEO Jon Bishop, commenting on the start of the burn program, said: “We’re always looking for ways to bring coin growth and value to the Tamadoge Army. 

“One thing that the community has consistently asked for is for us to do more burning, and today I am proud to announce that the team has delivered on that request. The product they have delivered around burning is excellent.”

Staking launched last week – Nearly 40 million $TAMA staked.

Last week Tamadoge unveiled its new staking feature. So far 39.7 million $TAMA has been staked. $TAMA are rewarded at a rate of 3 TAMA per ETH block. 

A staking pool of two million $TAMA tokens has been set aside to distribute rewards. The pool is split across four months, so that’s 500,000 $TAMA per month...

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