Proposal for Token Burn: Enhancing Dogelon Mars (ELON)

Introduction:
Dogelon Mars (ELON) aims to boost its value by implementing a token burn strategy, similar to the 410 trillion Shiba Inu tokens burned over the past three years. This proposal includes burning 23.58% of the total tokens, reducing the circulating supply from 549.65 trillion to 420.69 trillion.

Initial Burn:
23.58% of Dogelon Mars tokens will be permanently removed from circulation, immediately decreasing the supply and increasing scarcity, following the successful approach of projects like Shiba Inu.

Ongoing Burns via RUFUS:
After the initial burn, the RUFUS system will continue burning tokens with each transaction, ensuring a consistent reduction in supply over time.

Impact:

•	Price Growth: A reduced supply creates scarcity, which can drive demand and increase token value.
•	Scarcity: Ongoing burns further enhance scarcity, making the tokens more desirable and valuable.

Conclusion:
This burn strategy, inspired by successful projects like Shiba Inu, will decrease the supply of Dogelon Mars, increase its value, and position it for long-term growth in the crypto market. :handshake::saluting_face:

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Its pointless to post here since they only acknowledge you when they want to do something. DAO my ass.

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What is the burn rate per transaction? Can someone chart what this potentially looks like on a high, medium, and low burn rate over the next 5, 10, and 30 years?

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Burn 69% … then burn additional 69.420% every 69days

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That’s a good question…!

I dont know why u feel shiba is successful. If u didnt get in super early u been sitting at the same level fir 2 years or losing money…

Shib has not been that successful because they came out with other tokens like Bone and Leash to keep the project moving forward. The Devs also failed to use Shib as the burning token to reduce its supply. That’s why the price hasn’t really done that much.

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