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Burn
Charon's revenue buys $CHARON on the market and burns it. Automatically, around the clock, every burn on-chain for anyone to check.
$CHARON burned by Charon Burn
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Lighting soon.
Latest burns
Last 14 days
How it works
- Part of what Charon earns goes into the Burn contract, in HYPE, from the Ferry wallet.
- The contract uses it to buy $CHARON on the market and sends what it buys straight to 0x…dEaD, in the same transaction. Nobody holds it in between.
- That HYPE can only buy and burn $CHARON. The contract has no way to send it anywhere else, the team included.
- It runs on its own, all day. Every burn is on-chain: open any line above on Charon Scan.