Krios Finance Docs

Black Hole (Burn)

Token Burn
1% of all $KRI traded are sent to Black Hole.
$KRI tokens must be considered burned because they will never leave the Black Hole. The more $KRI is traded, the more $KRI is deposited in the Black Hole, causing it to expand in size through self-fulfilling Auto-Compounding, reducing the circulating supply and maintaining the Krios protocol's stability.
The other advantage of an everlasting circulating supply burn is that, because of its deflationary nature, it equates to a higher value for each $KRI token, thus increasing the individual value of every single token.