BIKEN Whitepaper
  • What is BikeN?
  • What makes BikeN unique?
  • Our Mission
  • Fitnomics
    • Tokens
      • BKN (BIKEN)
      • BKV (BIKEVERSE)
      • Token Usages
      • Token Distribution
      • Smart Contract Audit
    • System Structure
    • Bike Types
    • Profitability, Repair & Upgrade Costs
    • Marketplace
    • Minting New Bikes
    • Renting Bikes
    • Staking
    • Burn
  • How to Play
    • BikeN Mobile App
    • Workout Modes
    • Earnings
    • Terrain Level “WEAR AND TEAR”
    • Bike Quality
    • Upgrades
    • Mystery Box
  • Roadmap
  • Our Team
  • Partners
  • News Coverage
  • Official Social Media
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  1. Fitnomics

Burn

When a certain number of crypto tokens are said to be burnt, it means they have been permanently pulled out of circulation. This is done by simply transferring those tokens to a 'dead wallet'.

More than half of the profit we get in tokens for bike upgrades and repairs will be burned frequently. This will contribute to make the BKN and BKV tokens deflationary.

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Last updated 2 years ago