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Burning mechanism
The Scorpion Staking protocol also has a burning mechanism implemented. The burning mechanism will help to keep the total token supply under control and help sustain the high yield paid out to the $SCM token holders.
In total 1% of all buy and sell transactions will be burned. The funds that are burned will be sent to a wallet of which the private key is unknown, called the Scorpions Abyss.
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