Burn Mechanism

10% of the total supply is designated for a burn mechanism, systematically reducing supply over time to enhance scarcity and increase potential value. The burning process is structured as follows:

  • 3% of the 10% gas fee applied when converting accumulated steps to $NNC.

  • 3% withdrawal fee for $NNC transactions from the New Nation Wallet app.

  • 2% of the 5% mining gas fee.

  • 2% of the 5% transaction fee on wallet-to-wallet transfers within the New Nation Wallet app.

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