Boundless has implemented a token burn mechanism that has been referred to as "secret" or "discreet". Unlike public burn models, this method strategically manages the circulating supply of $ZKC outside the constant media spotlight. The burn occurs as part of the protocol, especially when the collateral of a Prover is penalized (slashed). This design aims to create scarcity sustainably and positively surprise the market in the long term, avoiding speculation based on predictable burn events.
@BounceBit BoundlessNetwork #Boundless #TokenBurn $ZKC