> For the complete documentation index, see [llms.txt](https://docs.titanblaze.win/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.titanblaze.win/burn-paper/buy-and-burn.md).

# 🔥 Buy and Burn

"Where did the ETH Go?"

*The Blaze token is throwing the hottest party in town, with a blazing strategy to increase its value. It's a slow burn, with daily token barbecues torching it. So, grab your marshmallows and watch the limited supply go up in smoke!* 

### **Decentralized Buy and Burn Strategy**

**ETH Allocation for Buy and Burn:** In this DeFi protocol, 20% of ETH earnings from auctions fund a Buy and Burn mechanism.

**Execution Process:** Tokens are bought from the TITANX/ETH pool, then TitanX tokens are used to acquire BLAZE from Blaze/TitanX pool.

### **Token Burning Approach**

**Strategic Approach:** The strategy aims to reduce the circulating supply of Blaze tokens to enhance scarcity.

**Daily and Special Burns:** Daily burns involve up to $100,000 ETH for TitanX purchase and Buy and Burn for Blaze, ensuring decentralized execution.

### Special Burn Events

A "Bonfire Party" event begins on TitanX day 288 and every 108 Days after that, where 10% of the ETH set aside for the for Buy and Burn is allocated.

### **Strategic TitanX Purchase**

On TitanX day 280, 11 trillion TitanX will be released, when Blaze bonfire party is lit.

### **Maintaining Decentralization**

The protocol ensures transparency and consistency, with no changes made by developers, emphasizing true DeFi principles. The goalposts don't change.

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