🔥Burning & Deflationary Actions

With the launch of Tokenomics 3.0, ORIGYN is committed to a deflationary model. Revenue from operations and donations collected in the ORIGYN Treasury Account (OTA) will be burned whenever possible, practical and advantageous to the protocol and its ecosystem participants.

Revenue is generated as ORIGYN ecosystem members pay a fee to access the functionalities of the ORIGYN Protocol, such as minting digital certificates of physical assets, authenticating these assets and transacting them through the ORIGYN Certification Platform. These fees are paid in OGY. With every core functionality used, OGY is moved into the OTA.

Once the burn function is executed, tokens are destroyed forever. The burning transactions are public, irreversible and permanently recorded on the blockchain.