π₯ Burning myXXX
Users can burn their myXXX for XXX at any time, meaning the peg will be sustained for token holders (even when DEX pools arenβt re-pegged). Burning myXXX results in a 1% fee thatβs redistributed to all token holders π₯
This fee can be reduced to different amounts by carrying out the following actions:
Lowered to 0.5% by holding X (depending on the total supply and a variable factor set by the DAO) MyS in the same wallet
Lowered to 0.1% by using the fee reducer and lowering the fee of the wrapping wallet
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