The burn · chain 4663
Every order paysfor the burn.
The router takes a quarter of a per cent of each order in USDG. That money buys $COLLAPICK and the tokens go to the burn address, where nobody can spend them again. Traders holding 1,000,000 $COLLAPICK pay no fee at all, so the fee is a reason to hold rather than a tax on everyone.
burned by the fee
0
since the fee router went live
fees collected
$0.000301
1 order has paid one
burned all time
15,973,107
1.60% of the supply, launch included
the fee
0.25%
fixed in the contract, ceiling 0.5%
001
The fee cannot be changed
It is an argument to the constructor, not a setting. There is no owner, no pause and no function that raises it. The ceiling of half a per cent is enforced in the constructor, so both can be checked against the deployed bytecode rather than against this page.
002
It is taken in dollars
When you spend USDG the fee comes off before the swap; when you receive USDG it comes off the output. Either way the sink is paid in dollars, which is what the buyback spends. Your slippage limit is measured after the fee.
003
Holders pay nothing
Hold 1,000,000 $COLLAPICK and the router charges you nothing, checked by reading your balance at the moment of the trade.
Every burn, as it happened
0 shown
nothing has been burned since the fee router was deployed
read from chain 4663, refreshed every minute·the sink·the router·the sink holds $0.001543, which is fees plus whatever that wallet already had