Burn

Ongoing and TVL targeted token burns.

Milestone Based TVL Burns

In accordance with MIP-9, 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

  • Burn 2.5% of the total supply of MOZ at 5M Vault TVL

  • Burn 2.5% of the total supply of MOZ at 10M Vault TVL

  • Burn 2.5% of the total supply of MOZ at 25M Vault TVL

  • Burn 5% of the total supply of MOZ at 50M Vault TVL

  • Burn 5% of the total supply of MOZ at 100M Vault TVL

Total Token Burn: 25%

Swap Fee Burn

MIP-9 also specified an ongoing token burn to be sourced from MOZ swap fees to the sum of 20% from every fee harvest.

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