🔥Burning

Ongoing Burn Structure

• A 5% of Playtoo's 10% fee collected from each tournament, 1v1 challenge, and multiplayer match on the platform will be burned to enhance the token's value stability and ensure a sustainable token economy.

• Profit-Driven Burning: A portion of Playtoo’s platform profits of 2.5% of quarterly profits, will be allocated to repurchase and burn $PLY tokens. This approach aligns the reduction of token supply with the financial success of the platform, reinforcing the token's intrinsic value

• Ecosystem-Triggered Burning: Specific actions within the Playtoo ecosystem, like the conclusion of major tournaments, achievement of project milestones, or special community-driven events, will trigger additional token burning. This mechanism not only helps in regulating the token supply but also engages the community in key platform activities.