Instant Buy and Burn

Surge combines the power of a deflationary asset with intense buy pressure, driven by the value entering the daily auctions. Here’s how it works:

• Buy Pressure from Auctions: 80% of the value (BNB or DRIPX) entered into the daily auctions is directed through an instant buy and burn sequence, amplifying the demand for Surge and Venom tokens. This process ensures a constant stream of buy pressure, benefiting both the Surge and DRIPX ecosystems.

• Three-Step Buy/Burn Sequence: The buy/burn process works like this:

  1. DRIPX is used to buy Venom

  2. Venom is then used to buy Surge

  3. Half of the Surge from these buys is sent back into the daily auction pool for future auctions, while the other half is burned forever, reducing the Surge supply and making it more scarce over time.

• Burning DRIPX: Meanwhile, 20% of the value entering the auction goes straight to burning DRIPX, helping to strengthen its price floor and reduce supply.

• Future Auctions: Of the Surge tokens sent to the daily auction pool, 20% of the pool’s balance is set aside to fund the next day’s auction, ensuring that the auction system remains active and continuously generates buy pressure.

Through this Instant Buy and Burn mechanism, Surge drives scarcity, supports deflation, and bolsters the value of both Surge and DRIPX, creating a powerful and sustainable cycle within the ecosystem.

Here’s a straightforward Vesting section that introduces the concept and applies it to Surge.