We adhere to a straightforward guideline during every single burn cycle. By design, 20% of the protocol revenue generated in the previous quarter is permanently burned onchain. To illustrate this process with our recent figures, the first quarter yielded 14.38M in revenue, which resulted in 2.88M $NXPC being burned. The second quarter brought in a revenue of 16.60M, leading to another 3.33M being burned.
Consequently, the total amount burned based on H1 revenue stands at 6.20M. Remarkably, this is more than all of 2025 combined. Altogether, 11.65M has been burned to date, a cumulative amount that makes up 1.165% of the 1B maximum supply. Please keep an eye out for our next scheduled burn event, which will take place in October.
Consequently, the total amount burned based on H1 revenue stands at 6.20M. Remarkably, this is more than all of 2025 combined. Altogether, 11.65M has been burned to date, a cumulative amount that makes up 1.165% of the 1B maximum supply. Please keep an eye out for our next scheduled burn event, which will take place in October.
