Burn Incentives

Burn incentives will be introduced in order to reduce supply, create scarcity, and for utility use in Burn Swap, DNA Altering & Morphing.

Burn Utility Phases

  • Burn Utility Phase I: Burn Swap

  • Burn Utility Phase II: DNA Alteration

  • Burn Utility Phase III: Morphing

Why would you want to burn a Space Terminators NFT?

A reason to burn your NFT will be for the purpose of scarcity of race or scarcity of gemstone supply. By creating scarcity of gemstone supply, your gemstones hold more value.

Let’s say for example: There’s 10 Space Terminator NFTs with the gemstone trait of Ruby, over the course of 12 months that will mean the supply of Ruby gemstones will be 120 (10 Space Terminator NFTs x 12 month airdrop supply with gemstones being airdropped once every month). Now if you were to burn 1 Space Terminator NFT then the supply for the Ruby gemstone will be decreased to 108. (The current scenario is factoring the fact that no one will be burning their gemstones. Supply of Gemstones will change over time with planned utility.)

This is where community, communication and power/greed will come into play. Will you keep a race extinct for the greater of the people or for your own good?

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