Burning Mechanism

Burning Mechanism:

• GPT360 implements a burning mechanism to maintain the sustainability and value of the token economy.

• Tokens used for Chaterium Network features such as NFT repairing, NFT leveling, and Boost purchasing are subject to the burning mechanism.

• When users spend tokens on these features, they are permanently removed from circulation through the burn process.

• The 100% burn rate ensures that spent tokens do not re-enter the market, reducing the overall token supply.

• The burning mechanism creates a deflationary environment, incentivizing users to actively participate in the ecosystem.

• Users have the opportunity to earn, spend, and burn tokens, contributing to the reduction of token supply.

• The scarcity of GPT360 tokens resulting from the burning mechanism can potentially increase token value.

• The burning mechanism aligns with the goal of creating a sustainable and robust ecosystem for users and token holders.

Please note that the specific details and terms of the burning mechanism may be outlined in separate agreements or documents related to token usage within the Chaterium Network.