Buy & Burn
The Shaolin Protocol allocates 35% of the ETH to Burning the $SHAO Token and Sends 7% to the Eden Buy & Burn and 7% to the Lotus Buy & Burn.
Last updated
The Shaolin Protocol allocates 35% of the ETH to Burning the $SHAO Token and Sends 7% to the Eden Buy & Burn and 7% to the Lotus Buy & Burn.
Last updated
• Time variables = 5 mins (accumulates if not called)
• Amount Variable = Percentage is based on the day of the week.
Example:
4% of the total ETH is used each day from Monday to Friday.
8% of the total ETH is used on Saturday and Sunday.
On the Shaolin dApp, Users can call the Feeder Function to send the Ethereum on its Buy and Burn Mission to the Lotus & Eden Protocols every Five Minutes.