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Winez

Burn

WINEZ is bought back, then burned

40% of every fee cycle, plus the full proceeds of any block found, buys WINEZ and transfers it to the dead address. The burned supply is that address’s balance of the token. The token address is not published, so the balance is not read.

Burn address

0x0000 0000 0000 0000 0000 0000 0000 0000 0000 dEaD

WINEZ burned

Not readable

balanceOf(dead) once the token exists

Share of supply

Not readable

Fixed supply 1,000,000,000

USDC spent on buybacks

None recorded

Sum of keeper swaps

Last buyback

None yet

The first follows the first deposit and a dip

When the keeper buys

USDC sent to the keeper is spent on WINEZ only on dips. Every 6 hours it compares the price with the high of the last 24 hours and buys when the price is at least 10% lower, up to 50 USDC at a time, at most once a day, with at most 2% slippage. Tokens go straight to the burn address. The rest waits.

That rule is not running, because the keeper wallet is not published. See Contracts.

Burn milestones

Targets against the fixed supply. None are measured yet.

  1. 0.5%5,000,000 WINEZAhead
  2. 1%10,000,000 WINEZAhead
  3. 2%20,000,000 WINEZAhead
  4. 3%30,000,000 WINEZAhead
  5. 5%50,000,000 WINEZAhead
  6. 7.5%75,000,000 WINEZAhead

Buyback and burn history

This table will list every transfer into the burn address, with the transaction. Anyone can burn by sending tokens there, so rows will say whether they came from the project. Burning pays nothing back. It only makes the supply smaller.

No burns recorded. The curve starts with the first buyback.