Back to collectionA token-burning question draws guidance on existing redemption mechanics
A community member asked whether there was a plan to burn tokens. IDefleqt replied that burning was already ongoing, including when holders redeem, and directed the questioner to the documentation on staking, tokenomics and redemption. The retained role identifies IDefleqt as a Sentry Key Holder; this exchange should not be promoted into a new policy announcement by an independently established executive.
A community member asked whether there was a plan to burn tokens. IDefleqt replied that burning was already ongoing, including when holders redeem, and directed the questioner to the documentation on staking, tokenomics and redemption. The retained role identifies IDefleqt as a Sentry Key Holder; this exchange should not be promoted into a new policy announcement by an independently established executive.
The edited reply supplied no burn amount, transaction identifier, revised redemption rate or start date. It also did not describe purchases in the market. The useful distinction is between a reminder of an existing redemption mechanism and evidence of a newly executed buyback; only the former was offered in this exchange. The message does not substantiate the earlier wording that burning had run uninterrupted from launch.