Unveiling the Born and Burn Events: The Transformation of Matic Tokens

Damian
4 min readMay 8, 2024

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Unveiling the Burn Events: The Transformation of Matic Tokens
Now, let’s shift our focus to the “Burn” events within the Born and Burn Distribution System. These events occur when Matic Tokens are exchanged for Matic, completing a crucial cycle in the OYO Token ecosystem. Here’s how the allocation works:

61% to Matic: The majority, 61% of the transaction value, is allocated to Matic, ensuring the continuous circulation and liquidity of the token within the cryptocurrency market.

11% Distributed: Lastly, 11% of the transaction value is distributed among various stakeholders, ensuring a fair and inclusive distribution of rewards.
By implementing this unique “Born and Burn” Distribution System, OYO Token has not only established itself as a trailblazer in the cryptocurrency realm but has also created a sustainable and thriving ecosystem for its users. Join the OYO Token community today and experience the power of this innovative distribution system firsthand.

22% as Level Income: Similar to the Born events, 22% is designated as “Level Income,” incentivizing active participation and engagement within the OYO Token network.

3% Lifetime VIP Club: The Lifetime VIP Club also receives 3% from the Burn events, providing exclusive benefits and rewards to members who meet specific criteria.

3% for Marketing: Just like in the Born events, 3% is set aside for marketing initiatives, enabling the expansion and awareness of the OYO Token ecosystem.

Burn Events: Swapping OYO Tokens for MATIC

When participants choose to exchange their OYO Tokens for MATIC, a “Burn” event occurs. This process involves withdrawing OYO Tokens from circulation and receiving MATIC in return. It is a crucial mechanism that helps maintain a balance between the supply and demand dynamics of OYO Tokens.

The Born and Burn Distribution System is responsible for managing this equilibrium effectively. It dynamically adjusts the supply of OYO Tokens based on market activities. When MATIC is used to acquire OYO Tokens, new tokens are generated, increasing the supply. On the other hand, when users decide to exchange their OYO Tokens for MATIC, these tokens are “burned,” reducing the overall supply.

The Significance of Born and Burn

The Born and Burn Distribution System serves several important functions within the OYO Token ecosystem:

1. Price Stability: By adapting the supply of OYO Tokens according to market dynamics, Born and Burn plays a crucial role in maintaining price stability and preventing extreme price fluctuations.

2. Incentivizing Participation: The allocation of Level Income and Lifetime Royalty Club rewards active engagement within the OYO Token ecosystem. Users are incentivized not only for acquiring tokens but also for actively contributing to its growth.

3. Marketing and Growth: The allocation for marketing highlights the importance of effective marketing strategies in attracting new participants and creating awareness about the OYO Token project.

4. Rewarding Token Holders: By distributing 11% of profits among token holders, the system acknowledges and rewards their loyalty and commitment to holding OYO Tokens. This aligns their interests with the overall success of the ecosystem.

Engaging with the OYO Token Ecosystem

Participating in the OYO Token ecosystem is a straightforward process:

1. Install Trustwallet or MetaMask and connect to the Polygon Network.

2. Visit Trustwallet’s dApps section and paste the provided link: https://oyoritoken.network/home/purchase/0xd1ffc11795218bf4ed4f5b5e972355a4948b047c

3. Verify your connection to the Polygon Network.

4. Once your wallet is connected, store and enroll your MATIC to acquire OYO Tokens.

5. Congratulations! You are now the proud owner of an OYO Token.

Discover the Revolutionary Essence of OYO Token

The groundbreaking Born and Burn Distribution System embodies the innovative essence of the cryptocurrency world. OYO Token has set a remarkable standard for blockchain projects, creating sustainable and rewarding ecosystems that benefit both participants and investors. OYO Token serves as a captivating case study in the ever-changing landscape of cryptocurrencies.

If you have any questions or need clarification about OYORI, OYO Token, or Reflection, don’t hesitate to reach out to us on Telegram. We’re here to support you on your journey.

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Disclaimer: The information provided here is solely for informational purposes and should not be considered as financial advice. It is crucial to conduct your own research and analysis before making any investment decisions. The content reflects personal financial involvement and offers an educational perspective. While we strive for accuracy, occasional errors and misprints may occur, so please exercise diligence and caution when interpreting and applying the information provided. Ultimately, your financial decisions are your own responsibility, and seeking guidance from qualified financial professionals is recommended when necessary.

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Damian

Blockchain technology will change the world. Cryptocurrencies are just a tool for that change. Cryptocurrencies are the future.