Burning Program

Our burning program is a part of the deflationary vision within the InsightX ecosystem.

Whenever the Contract Scanner is utilized for a contract scan, 100 INX tokens will be burned. We will also burn 20 INX tokens for each chart that is plotted by the Contract Scanner.

Additionally we will use 50% of revenue generated from advertisements to buy back INX tokens from the market and burn them.

This burning event is scheduled for the 1st of each month and will be officially announced through our social media channels.