🔵
DSA Protocol
  • 📌DSA Overview
  • 🎯Roadmap
  • 🚀Pre-Launch Sale
  • THE BASICS
    • ⚙️How Does Auto-Staking Work?
    • 🛡️DSA Insurance Fund (DIF)
    • 🏦The Treasury
    • 🔥The Fire Pit
    • ⚖️DSA Auto-Liquidity Engine (DALE)
  • APY INFORMATION
    • 📊Fixed APY
    • 💸How the APY is Calculated
    • 💲Longterm Interest Cycle (LIC)
    • 🔄The Beauty of Mathematics
  • GREATER DETAIL
    • 🪙DSA Token
    • 📃DSA Buy and Sell Fees
    • 📄Trading Fees Explained
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  1. THE BASICS

The Fire Pit

PreviousThe TreasuryNextDSA Auto-Liquidity Engine (DALE)

Last updated 2 years ago

The Fire Pit receives 4.5% of all fees. The Fire Pit expands in size as the volume increases, thanks to self-fulfilling Auto-Compounding, limiting the circulating supply and keeping the DSA protocol steady.

No one can ever access the Fire Pit wallet since it is a hardcoded dead wallet. It is not connected with any keys, and nothing can ever be retrieved from it.

Individual $DSA benefit the most from this deflationary mechanism since they become increasingly scarce and precious as they are transferred to the Fire Pit and never return owing to being a null wallet address.

Unlike our competition, they do not transmit tokens to the burn wallet automatically; instead, they keep them in their wallet.

Auto Burns Token Supply to:

  • increasing through self-fulfilling Auto-Compounding

  • deflationary nature & reducing the circulating supply

  • Prevent circulating supply getting out of hand and becoming unmanageable.

Fire Pit Address:

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0x000000000000000000000000000000000000dEaD