> For the complete documentation index, see [llms.txt](https://d80.gitbook.io/bored-slotx/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://d80.gitbook.io/bored-slotx/bored-slot/tokenomics/how-is-usdspc-token-burnt.md).

# How is $SPC Token burnt?

$SPC Token Buyback and Burn: A Sustainable Approach to Tokenomics

Bored Slot has implemented a strategic tokenomics model that focuses on long-term sustainability through a buyback and burn mechanism. Here's a breakdown of how it works:

### **Buyback and Burn:**

* 30% of the Bored Slot Gross Gaming Revenue (GGR) is allocated to buying back $SPC tokens from the open market.
* These repurchased tokens are then permanently removed from circulation through a process called burning.
* This effectively reduces the total supply of $SPC tokens over time, potentially increasing their value and scarcity.

### **Strategic Timing:**

* The buyback and burn process is strategically timed to coincide with the platform's seasonal timeline.
* This ensures a controlled and sustainable approach to token management, preventing market manipulation.
* The buybacks are executed in random tranches, further mitigating potential market disruptions.

### **Anchored by Platform Growth:**

* The buyback and burn mechanism is directly linked to the health and growth of the Bored Slot platform.
* As the platform generates more revenue, the allocated amount for buybacks and burns increases, creating a positive feedback loop.
* This ensures that the tokenomics model is directly tied to the platform's success, fostering long-term sustainability.

### **Transparency and Security:**

* All $SPC token buybacks will be conducted through a designated official address, ensuring transparency and accountability.
* The burnt tokens will be sent to a specific burn address, permanently removing them from circulation.

```
0x000000000000000000000000000000000000dEaD
(PLACE HOLDER)
```

* All Bored Slot users will be able to follow and track all Buyback and Burns movements on [Etherscan](https://etherscan.io/address/0x000000000000000000000000000000000000dead). Additionally. Users are also advised to follow us with notifications to hear from our buyback announcements.

### **The $SPC token buyback and burn mechanism demonstrates Bored Slot's commitment to:**

* **Long-term token value:** By reducing the supply of $SPC tokens, the platform aims to increase their potential value and benefit holders.
* **Sustainable growth:** Linking the buyback and burn process to platform revenue ensures a self-sustaining model that grows alongside the platform's success.
* **Transparency and security:** The use of dedicated addresses for buybacks and burns fosters trust and confidence among token holders.

**This strategic approach to tokenomics positions Bored Slot for long-term success and creates a valuable ecosystem for both the platform and its users.**