Token Rewards & Burning
4.1 Reward Phases (Pre-Reserve vs. Post-Reserve)
Before Reserve: Bidders earn 2X BID tokens per bid. This encourages early participation, even when the displayed price is well below the asset’s real value.
After Reserve (FOMO Mode): Bidders earn 1X BID tokens per bid. Here, participants can also burn BID tokens for free bids, introducing a tactical element to late-stage bidding.
4.2 BurnBack Feature
In FOMO mode, bidders can burn their BID tokens to obtain free bids. As an added incentive:
5% Return on Burned Tokens: Users receive 5% of their burned tokens back, effectively reducing net token consumption while still promoting deflation.
Deflationary Mechanic: Since 100% of the burned tokens are permanently removed from circulation, the overall supply diminishes over time
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