As a DeFi purist, I created this deflationary trading token on the Stacks blockchain that automatically burns tokens with every transaction, creating accelerated scarcity during high trading volumes. All 100% on-chain, no oracles needed.
I built sBurn because I believe in true decentralization. It's my attempt to create a trading token with algorithmic price discovery mechanisms that exist entirely on-chain, free from external data dependencies.
Unlike traditional tokens with unlimited minting capabilities, sBurn launched with a fixed supply of 18 million tokens in circulation. This ensures:
- Predictable Scarcity: The maximum supply is known from day one, with continuous reduction through burns
- Aligned Incentives: Developers earn through a carefully balanced fee mechanism (0.10%)
- Community Ownership: The project encourages wide distribution through market activity
- Genuine Scarcity: Value is derived from both fixed supply and deflationary mechanisms
Unlike traditional tokens that lose value with increased supply or rely on oracles for price feeds, sBurn gains intrinsic value through market activity and continuous token burns!
Every time SBURN tokens change hands:
- A small 0.25% fee is collected from the transfer amount
- 0.15% is permanently burned 🔥
- 0.1% goes to development to ensure long-term project sustainability
- The remaining 99.75% reaches its destination
The true power of sBurn emerges during high trading volume:
- With enough trading activity, the burn rate can overtake any new token minting
- Each transaction increases the token's scarcity, creating a positive feedback loop
- 1 million SBURN traded = 1,500 SBURN permanently removed
- 10 million SBURN traded = 15,000 SBURN permanently removed
- 100 million SBURN traded = 150,000 SBURN permanently removed
As a DeFi purist, I've made the deliberate choice to store all token metadata on-chain, including:
- Token identity information
- Burning mechanisms
- Supply tracking
- Ownership transfers
This approach offers concrete advantages:
- Immutable Record: Token parameters cannot be manipulated off-chain
- Transparent Verification: Anyone can audit the complete token history
- Protocol-Level Security: Leverages blockchain's inherent security model
- Resilient Architecture: Eliminates dependence on external metadata services
While off-chain metadata might be more cost-efficient, true DeFi requires sacrificing convenience for security. sBurn embodies this philosophy by ensuring all critical data exists within the secure boundary of the blockchain itself.
- Sustainable Burn Rate: A 0.15% burn creates meaningful scarcity without disrupting market liquidity
- Adequate Development Funding: The 0.1% development fee ensures resources for:
- Smart contract audits
- Community building
As a DeFi purist, I believe in building systems that:
No external dependencies means no single points of failure. sBurn operates purely through blockchain consensus.
With everything on-chain, there's no need to trust off-chain oracles or data providers. The code is the only authority.
Price discovery happens organically through trading activity rather than relying on external price feeds that could be manipulated.
The token's economic model functions autonomously, with no need for external interventions or data sources.
Anyone can interact with sBurn without permissions or KYC, true to the original vision of cryptocurrency.
While I appreciate how oracle-based projects help bridge traditional finance users to DeFi, my passion lies in creating financial primitives that exist entirely on-chain.
Most tokens increase in supply over time, diluting holder value. sBurn does the opposite – becoming more scarce with each transaction.
Traditional tokens often crash after initial excitement. sBurn's burn mechanism creates natural price support as circulating supply decreases.
Many projects die due to lack of funding. sBurn's built-in development fee ensures long-term maintenance without requiring external funding.
sBurn's transparent, immutable smart contract means you don't need to trust developers to manually burn tokens – it happens automatically.
- 📈 Volume Incentive: Higher trading volume = more burns = increased scarcity
- 💹 Natural Price Support: Decreasing supply provides resistance against downward price pressure
- 🏆 First-Mover Advantage: Early adopters benefit most from cumulative burn effects
- 💎 Store of Value: Designed for long-term appreciation through continuous supply reduction
- 🛡️ Inflation Hedge: Algorithmically defends against market dilution
- 📊 Verifiable Scarcity: All burns are public and immutable on the blockchain
- 🌱 Sustainable Development: Ongoing improvements without external funding requirements
- 🔄 Liquidity Incentive: Rewards active markets rather than stagnant holding
- 🧪 Innovation: Pioneering deflationary tokenomics on Stacks
Name: sBurn Token
Symbol: SBURN
Decimals: 8
Minimum Transfer: 1.0 SBURN
Total Fee: 0.25% per transfer
Burn Rate: 0.15% per transfer
Development Fee: 0.1% per transfer
The following calculations are based solely on trading volume, independent of total supply:
| Daily Trading Volume | Daily Burn | Monthly Burn | Yearly Burn |
|---|---|---|---|
| 100,000 SBURN | 150 SBURN | 4,500 SBURN | 54,750 SBURN |
| 1,000,000 SBURN | 1,500 SBURN | 45,000 SBURN | 547,500 SBURN |
| 10,000,000 SBURN | 15,000 SBURN | 450,000 SBURN | 5,475,000 SBURN |
Note: Contract address will be provided once deployed to testnet. Stay tuned for acquisition instructions.
sBurn thrives in active trading environments where its deflationary mechanism has maximum impact.
Perfect for liquidity pools where high transaction volume accelerates the deflationary effect.
Long-term holders benefit from the cumulative burns generated by active traders.
This project is licensed under the MIT License - see the LICENSE file for details.
Built with ❤️ on Stacks.