🔥Burning

Our ecosystem has been thoughtfully crafted to ensure balance and long-term self-sufficiency once the vesting period of our tokenomics concludes. Every tax collected from staking, burning, and farming directly supports the system’s sustainability, guaranteeing attractive rewards for our users.

Initially, we have set the burn mechanism at a higher rate to drive a positive price momentum for the token right from the launch. When the time is right to adjust the burn rate, these percentages will be redirected as rewards to fuel the Ascension Daily Airdrop.

The ultimate objective, following the three-year vesting period, is to have burned a sufficient number of tokens, allowing us to convert the entire burn mechanism into rewards—thereby further enhancing the rewards for our users.

Objectives of the Burn in the Anazir Ecosystem

• Reduction of Token Inflation: By systematically reducing the total supply of tokens, the burn process helps to combat inflation. In traditional economies, inflation can erode the purchasing power of currency, and similarly, an excess supply of tokens can diminish their value in the crypto market. The burn mechanism acts as a countermeasure, helping to stabilize the token’s value and maintain its purchasing power for holders.

• Stimulating Demand through Increased Scarcity: When tokens are burned, the overall supply decreases, which can lead to heightened demand among investors and users. The principle of supply and demand dictates that as a product becomes scarcer, its value tends to increase. In the case of Anazir, by implementing a burn strategy, the ecosystem aims to create an environment where the token becomes more attractive to potential buyers, thereby stimulating demand and fostering a more robust market presence.

Burn Mechanism

The various ways in which $ANZ will be initially burned in the Anazir ecosystem:

• 10% of $ANZ will be burned when purchasing a tournament ticket.

• 35% of $ANZ will be burned during the minting of an NFT.

• 40% of $ANZ will be burned upon the purchase of crystallium.

Burn Safety

The tokens allocated for the initial burn serve primarily as a safety measure, to be used only if we fail to achieve sufficient burn through tournaments and NFT Boxes. If the burn tokens are adequate in relation to the tokens in circulation and those spent within our ecosystem, we can repurpose the tokens set aside for Burn Safety and reallocate them to their respective areas (such as Rewards, Staking, etc.).

• Staking (50M $ANZ) → Reserve 5M for Burn safety

• Farming (40M $ANZ) → Reserve 3M for Burn safety

• Rewards (40M $ANZ) → Reserve 2M for Burn safety

• Marketing (40M $ANZ) → Reserve 2M for Burn safety

This totals 12M $ANZ allocated for Burn Safety.

NFT Burn :

One of the most unique aspects of Crystals is their connection to the burning mechanism. By burning Golems, players can receive Crystals in return. The amount of Crystals obtained from burning is determined by the rarity and level of the Golem, adding a strategic element to resource management.