We burned 101,000,000.00 (101M) DSLA last week 🔥
Edition #3 was a success
We came, we saw, we burned!
101,000,000.00 (101M) DSLA tokens were burned during Bonfire Burn Event #3! 🔥
The fires have been stoked and we are as well.
Edition #3 Proof of Burns
101,000,000.00 DSLA ERC20 tokens were burned on Jan 21 2022:
Edition #3 Impact
The DSLA Bonfire Burn Event #3 results in a reduction of the DSLA total supply to 5,709,763,023.00 DSLA.
Edition #4 Date
🔥 DSLA Bonfire Burn Event #4
🗓 To Be Announced / TBA
This event will be announced at a later stage.
The Future of Burns
New Native Burn Mechanism
Up until now, DSLA tokens were burned upon SLA verifications, a core maintenance task of DSLA Protocol.
In 2022, DSLA tokens will be burned for completing other maintenance tasks.
DSLA Metaverse
In the DSLA Metaverse, NFT will be minted using DSLA tokens.
A fraction of the DSLA Metaverse minting fees will be burned forever.
DSLA Protocol v2.0 - Claiming Fees
DSLA Protocol charges a claiming fee, upon withdrawing (accrued) liquidity from a SLA contract.
A fraction of the DSLA Protocol claiming fees will be burned forever.
DSLA Protocol v2.0 - Trigger Fees
As a Risk Management Middleware, the scope of DSLA Protocol goes beyond claims and the economic settlement of third-party service failures.
This year, we are introducing a new iniative called DSLA Triggers.
It will enables new, powerful outcomes following SLA verifications:
- Account termination
- Account update
- Account migration
- Risk Parameters Update
- Compliance Reporting
Ready for next generation deflation?
In all cases, an exponential usage of DSLA Protocol will translate into an exponential burn of DSLA tokens reflecting this reality.
💡 DSLA Protocol
Risk Management Middleware
An application and network middleware for managing vendor risk using community-enforced service level agreements.
👉 Get started at dsla.network
👉 Read more at stacktical.com
👉 Check our blog at blog.stacktical.com
👉 Start Building at readme.stacktical.com
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