Burn Mechanisms

Explanation of buybacks and burns + Impact on token scarcity and value.

SilverSwap currently has three main systems that create cyclical burning of $AG within the SilverSwap ecosystem — Snatch, Flare, and the Giveaway. Auctions are the primary system with which SilverSwap uses to initate burning of $AG. The two auction types currently available are Snatch and Flare. The Giveaway is the other main source of burns currently available.