88% Buy, Burn & Fuel

Buy, Burn & Fuel

88% of the X28 from users minting Mizuchi NFTs and Perpetual Daily Auctions will be used to feed the Buy, Burn and Fuel of the $MZI token.

Each time the Buy, Burn and Fuel is triggered by a user:

• 20% of the $MZI tokens are sent to the $MZI Payout Pool.

• 20% of the $MZI tokens are burned.

• 50% of the $MZI is sent to Mizuchi's Hoard to be used in Perpetual Daily Auctions.

• 10% is used to add to the secondary $MZI/$TITANX liquidity pool. This process sends X28 to a user triggered liquidity injection contract which swaps 50% for $MZI and 50% for $TITANX and then adds them to the liquidity pool to help strengthen protocol liquidity.

Below is a visual of how the Buy, Burn and Fuel works:

88% Buy, Burn and Fuel

Frequency

• Day 1: 0% of the Buy, Burn & Fuel will be used

• Days 2-8: 8% of the total Buy, Burn & Fuel balance will be used.

• Day 9 Onwards: 16% of the total Buy, Burn & Fuel balance will be used each day.

The daily Buy, Burn and Fuel balance is divided into 288 parts, released every 5 minutes throughout the day. Unused portions will accumulate.

For the early stages of the protocol, the Buy, Burn and Fuel daily utilization rate may be adjustable from 3% to 20% to optimize the sustainability of the protocol and help find equilibrium with the daily Auction utilization rate.