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Proof of Burn
MilkywayEx will buyback & burn as a deflationary mechanism to increase MILKY tokens long-term value. The portion of platform's revenue used for buyback & burn are:
1. Liquidation Fees - 4% (out of 5%) of all liquidation fees are used for buyback & burn of MILKY tokens for the case of 3rd parties liquidation bots. In the case where liquidation is initiated by Milky's internal bot, all 5% of liquidation bounty goes to buyback & burn.
2. Reserve Pool Take Rate - 10% (out of 19%) of the borrowing interest fees is used for buyback and burn of MILKY tokens.
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