Burn Contract
InuFlame's ecosystem now utilizes a specialized multi-contract approach, moving away from the traditional upgradable burn contract model. This new system aligns with our innovative strategy, focusing on effectively managing fee distributions and token burns while enhancing liquidity.
⚙️ The Three-Part Contract Architecture
InuFlame Token Contract (ERC20): This contract governs the $FLAME tokens, adhering to standard ERC20 protocols on the Ethereum blockchain.
InuFlame Safe Contract:
Functionality: Holds the Uniswap V3 position NFT and collects fees generated from the liquidity pool. It's programmed to only allow fee withdrawals, ensuring the permanent security of the liquidity position.
Non-Upgradable Design: The contract is non-upgradable, reinforcing trust and stability in the ecosystem by preventing alterations to the liquidity locking mechanism.
InuFlame Distribution Contract:
Upgradable Nature: This contract receives the fees from the InuFlame Safe and is fully upgradable, allowing adaptability for future market conditions and strategic needs.
Fee Distribution: Manages the allocation of fees in accordance with the new tokenomics:
40% SHIB Burns: Fees are used to purchase and burn Shiba Inu tokens, supporting the ecosystem's deflationary strategy.
60% Development and Marketing: The remaining fees fund ongoing project development and marketing efforts.
🔒 Security and Transparency
Robust Security Measures: Despite the upgradable nature of the distribution contract, we maintain high security standards across all contracts.
Transparent Operations: All transactions, including fee withdrawals and token burns, are recorded on the Ethereum blockchain, ensuring transparency.
🔄 Fee Collection and Distribution
Regular Operations: The system consistently collects fees from the Uniswap V3 pool, redistributing them according to the tokenomics structure.
Community Updates: Regular communications will keep the $FLAME community informed about fee distributions, burns, and liquidity pool contributions.
🌟 Impact on the Ecosystem
Enhancing Token Value: Systematic burns of SHIB tokens support their potential for appreciation, benefiting the broader ecosystem.
Stable Trading Environment: Regular liquidity contributions from the pool fees ensure a stable trading environment for $FLAME.
This new multi-contract approach underlines InuFlame's commitment to adaptability, transparency, and a proactive strategy in the dynamic cryptocurrency market. By leveraging this system, we aim to foster a sustainable and growth-oriented environment for all $FLAME stakeholders.
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