🔥Burning Mechanism

The burning mechanism is introduced to deflationary pressure on the token. As a result, the burn mechanism reduces the supply of $ASA, which can increase its price over time. According to the law of supply and demand, an asset's price increases if supply decreases, which is why the price increases.

With the current implementation, 50% of transaction fees will be burnt. For any declined proposal on Astra’s governance, the deposit amount will be burnt also.