Multiple burn mechanisms have been introduced that cause BRIDGE to be deflationary. This depends on the amount of bridging volume on the Cross-Chain Bridge. The Buy-Back & Burn Protocol Incentive collects 15% of all bridging fees which is used to periodically burn BRIDGE. Additionally, BRIDGE is burned from every withdrawal from the Reward Pools.
BRIDGE Trade Links:
BRIDGE DEXTools Links with Price Chart & Transactions:
Additional BRIDGE Minting
If new networks are connected, a certain amount of BRIDGE is needed to provide liquidity on a DEX and within the Cross-Chain Bridge liquidity pools. These do not result in sell pressure, as they are only for liquidity provision. In the future, the BRIDGE DAO will decide how much will be minted for these use cases. Currently, the BRIDGE representatives decide this.