🔥Burn

Senspark will implement a periodic SEN token burning mechanism aimed at reducing the circulating supply of the token and increasing its value over time. Token burning is a common practice in the cryptocurrency space, creating scarcity and boosting investor confidence in the project. Token burn will be based on fees from:

• Market fees (5%)

• Bridge Fee (3%)

• Mint Fee (5%)

This burn is significant step towards enhancing the long-term growth of Senspark ecosystem. Overall, the SEN token burning mechanism along with vesting for over 10 years is a strategic move by Senspark to create a more sustainable and valuable token ecosystem. By reducing the supply and increasing scarcity, Senspark aims to drive the value of SEN upwards and reward its loyal community of holders.

Token-Burning Table

Month	SEN	Total Supply (SEN)
0	0	10,000,000,000
March	0	10,000,000,000
April	-154,932	9,999,845,068
May	-46,727	9,999,798,341
June	-198,782	9,999,400,777

Here are our official announcements for token burn:

• April: https://bombcrypto.substack.com/p/bcoin-and-sen-burned-event

• May: https://bombcrypto.substack.com/p/bcoin-and-sen-burned-event-may

• June: https://bombcrypto.substack.com/p/bcoin-and-sen-burned-event-june

We will update token burn information monthly so that users have an intuitive and transparent view in developing the game's economy.