EarnBet has a BET token burning program running, which means we are buying back our own tokens from the exchanges and burning them. Burning in this context means they will never be in circulation again. Want to know how much of the total supply is already burned? Click here.
The tokens that are bought from the exchanges to be burned will be send to the waxbetlocked WAX account. The tokens will still be eligible for receiving dividends from the casino. 100% of these dividends will be used to buy back more BET tokens from the exchanges to be burned.