#fogo $FOGO $FOGO
Fogo runs on a Dynamic Burn Mechanism that actually creates real scarcity, not just on paper. It reacts to how busy the market gets—when trading volume spikes, the burn rate speeds up. So, during those wild peaks, the circulating supply shrinks even faster.
Here’s how it all works:
Elastic Taxing: Instead of a flat fee, the system uses a flexible tax that changes with transaction activity. Every time it kicks in, tokens get burned forever, right on-chain.
Reflection Synergy: Part of every burn doesn’t just disappear—it circles back to people holding Fogo. That way, long-term holders get rewarded, and the liquidity pool gets thinner, which helps strengthen scarcity.
Auto-Vaulting: All the fees head straight to a dead address that nobody can touch. Anyone can check this on a block explorer, so there’s no way for anyone to mess with the process or cheat the system.