IVM has introduced a fully automated on-chain mechanism for its transactions, burns, and unlocks, eliminating manual control and hidden minting. The initial supply of 500 million IVM tokens will undergo an automatic burn process until it reaches a target of 21 million tokens. This approach aims to create genuine algorithmic scarcity, independent of team assurances, by ensuring all supply adjustments are transparent and immutable on the blockchain.
IVM Implements Automated On-Chain Supply Burn to Ensure Scarcity
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