Proof of Burn
Every burn, on chain.
$LOUD is burned two ways: on every buy, by Torch's contract, and every week with 30% of what loudscene is paid in crypto. This page reads both straight from Robinhood Chain. Nothing here is typed in by us.
Burned so far
13.75M $LOUD
1.38% of the 1B supply, gone for good. Read at block 96,453,247.
- On every buy (Torch)
- 13.75M
- From payments (weekly)
- 0
Weekly burns from payments.
No weekly burn from payments yet. The first one lands at the end of the first week of crypto payments, and shows up here by itself.
On every buy
$LOUD has a 2% buy tax, fixed for good at launch. Torch keeps 30%; of the rest, 50% is used by Torch's contract to buy back $LOUD and send it to the burn address, on every buy, with nobody having to press a button.
From payments, every week
Paying for loudscene in ETH or $LOUD sends the payment to the treasury. Every week, 30% of what came in buys back $LOUD and the treasury sends it to the burn address. Each of those transactions is listed here.