BurnedFi
What this is
BurnedFi, trading under the symbol BURN, is a meme token living on the BNB Chain that combines speculative token mechanics with a structured burn-and-reward system. It targets holders who want to participate in a community-driven protocol where destroying BURN tokens generates a second token, called BUILD, as a recorded proof of that action. The project positions itself as a way to turn token burning into a claimable BNB reward over time.
When a user burns a quantity of BURN tokens whose value equals a set BNB threshold, the protocol mints an equivalent number of BUILD tokens as proof of the burn event, while simultaneously distributing an equal number of BUILD tokens to all existing BUILD holders as a reflection reward. Accumulated BUILD tokens beyond the initial proof balance represent a claimable BNB reward, with the proof balance resetting to zero upon each claim. The token operates on the BNB Chain; no consensus algorithm or block time is recorded for BURN itself, as it is a smart-contract token rather than a standalone blockchain.
The data provided does not record a fee stream, revenue figure, or protocol treasury for BurnedFi, which means fee-based measures such as price-to-fees ratios are not applicable to this asset on this site. The economic activity described in the protocol is peer-to-protocol: users supply BURN tokens and receive BUILD and eventually BNB rewards derived from the mechanics of the burn pool rather than from external fees charged to third parties. At the point-in-time snapshot, the circulating supply stands at 12,281,750 BURN against a maximum supply of 21,000,000, meaning roughly 58.48 percent of the maximum supply is currently in circulation, with the fully diluted valuation equal to the market capitalisation, indicating no additional dilution overhang beyond the unissued portion of the fixed cap.
Written from the figures on this page by an AI language model and reviewed against them. It contains no view on price.