# Burn

### Milestone Based TVL Burns

In accordance with [<mark style="color:yellow;">MIP-9</mark>](https://snapshot.org/#/mozaicfinance.eth/proposal/0xbbee57b14d09956f63ac003c9a95c01adcb0bf18d352e4ac4e93dbfc0fcdec10), the MozaicDAO will periodically burn a portion of the total supply of MOZ at specific TVL Milestones:

* Burn 5% of the total supply of MOZ at 1M Vault TVL - *COMPLETE*
* Burn 2.5% of the total supply of MOZ at 2.5M Vault TVL&#x20;
* Burn 2.5% of the total supply of MOZ at 5M Vault TVL&#x20;
* Burn 2.5% of the total supply of MOZ at 10M Vault TVL&#x20;
* Burn 2.5% of the total supply of MOZ at 25M Vault TVL&#x20;
* Burn 5% of the total supply of MOZ at 50M Vault TVL&#x20;
* Burn 5% of the total supply of MOZ at 100M Vault TVL

Total Token Burn: 25%


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