fireBurn & Value Flow

Token burns are a key mechanism that creates long-term value for $JET holders. This page explains how burns work, when they happen, and how they benefit the ecosystem.

What is Token Burning?

Burning means permanently removing tokens from circulation by sending them to an address where they can never be accessed or spent. This reduces total supply over time.

Analogy: Imagine if a company bought back its own stock and destroyed it—the remaining shares become more valuable because there are fewer of them and they represent a larger percentage of the total.

With $JET, platform revenue is used to buy tokens from the open market and burn them, creating deflationary pressure.

How Burns Work at JET

Step 1: Revenue Collection Marketplace fees and subscription payments accumulate in the buyback wallet (60% of all platform revenue).

Step 2: Buyback Schedule On the 1st of every month, the accumulated $JET in the buyback wallet is used to purchase more $JET from decentralized exchanges (DEXs).

Step 3: Burn Execution All purchased $JET is immediately sent to a burn address:

  • Burn Address: [Solana null address - unrecoverable]

  • On-Chain Proof: Every burn is publicly verifiable on Solana explorer

  • Transparency: Monthly burn reports published

Step 4: Supply Reduction The burned tokens are permanently removed from the total circulating supply. Each month, total supply decreases.

When Burns Happen

Regular Schedule:

  • Monthly burns: 1st of every month

  • Amount: All accumulated buyback funds from previous month

Special Burns:

  • Milestone burns: Extra burns when platform hits major growth milestones

  • Community-voted burns: Token holders can vote to allocate treasury funds for additional burns

Value Flow Diagram

Numeric Example

Let's model the first year of burns:

Assumptions:

  • Starting Supply: 1,000,000,000 $JET

  • Monthly Marketplace Volume: 500,000 $JET

  • Monthly Fees (5%): 25,000 $JET

  • To Buyback Wallet (60%): 15,000 $JET/month

Month 1 Burn:

  • Buyback wallet: 15,000 $JET

  • Market buy + burn: 15,000 $JET removed

  • New Supply: 999,985,000 $JET

Year 1 Total (12 months):

  • Total burned: 180,000 $JET

  • Supply after Year 1: 999,820,000 $JET

  • Reduction: 0.018%

Projected Year 3 (with 10x growth):

  • Monthly burns: 150,000 $JET

  • Annual burns: 1,800,000 $JET

  • Cumulative burned: ~2.5M $JET

  • Supply: 997,500,000 $JET

  • Reduction: 0.25%

Long-term (10 years with sustained growth):

  • Cumulative burned: ~15-30M $JET

  • Supply: 970-985M $JET

  • Reduction: 1.5-3%

While percentages may seem small initially, consistent burns compound over time, especially as platform adoption accelerates.

How This Benefits Holders

Scarcity Creation As supply decreases while demand stays constant or grows, economics suggest potential price appreciation.

Revenue Sharing Instead of distributing dividends, JET effectively returns value to holders through buybacks and burns—similar to stock buybacks but more direct.

Growth Alignment As JET's platform grows and marketplace volume increases, burn rate accelerates automatically. Platform success directly benefits token holders.

Deflationary Spiral (Positive)

  • More users → more marketplace activity

  • More activity → higher fees → more burns

  • More burns → lower supply → potential price increase

  • Higher price → attracts more attention → more users

  • Cycle continues

Transparency & Verification

Every burn is fully transparent:

On-Chain Records:

  • View burn transactions on Solana Explorer

  • See burn address balance growing over time

  • Verify exact amounts and timestamps

Monthly Reports: JET publishes detailed burn reports:

  • Total $JET burned that month

  • Cumulative burned to date

  • Marketplace volume (source of fees)

  • Updated circulating supply

Community Dashboard: Real-time statistics available in JET interface:

  • Live burn counter

  • Supply remaining

  • Burn rate chart (historical)

  • Projected future burns

Example Burn Report

JET Monthly Burn Report - December 2025

Marketplace Performance:

  • Total Volume: 2,350,000 $JET

  • Fees Collected: 117,500 $JET

  • To Buyback Wallet: 70,500 $JET

Burn Execution:

  • Date: December 1, 2025

  • Amount Burned: 70,500 $JET

  • Burn Transaction: [Solana TX Hash]

  • Market Impact: +2.3% price on burn day

Supply Update:

  • Previous Supply: 999,820,000 $JET

  • New Supply: 999,749,500 $JET

  • Total Burned (All-Time): 250,500 $JET

Next Steps:

  • Next burn scheduled: January 1, 2026

  • Projected amount: ~80,000 $JET (based on current growth)

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