B2 — Deflationary Economy with Token Burn

Bitune
2 min readJan 30, 2023

In case you missed it, the mainnet launch is projected to take place in April this year. This means there is still time for tweaking and experimenting on B2 Testnet.

$MATTER Burn🔥

As many of you might’ve already noticed, the gas fees on B2 are being consistently burned, a similar mechanism to what we see on the Ethereum mainnet with the addition of EIP-1559 to the protocol. The burning of $MATTER leads to a reduction of the supply, thus increasing the scarcity and value of the remaining tokens.

Over the next few months, until the mainnet launch in April, the focus will be on further refining and testing this contraction economy experiment. We are looking to build applications that encourage $MATTER burn and modify existing applications to do the same. The goal is to ensure that the network is ready for launch and that users can start taking advantage of the benefits of $MATTER burn.

Finally, by encouraging the creation of new and innovative applications that are related to burning $MATTER, the network will become more dynamic and versatile, leading to greater adoption and usage. This, in turn, will help to increase efficiency and reduce congestion as the network continues to grow and evolve.

Get Involved

If you believe that you have an idea that fits the above criteria, please let us know in our forum 🔗https://forum.antimatter.finance/.

We also still take applications for builders on B2.

🔗https://forms.gle/oyZ1jPzoaqNwrzuH9

--

--