🔥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.