Forever Burn Whitepaper
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Passive Burn

The passive burns are automated burns within the contract that get activated when any buy or sell transaction occur on the chain paired with FBURN token.
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The burn sends the tokens out of circulating supply and straight to burn address "0x000000000000000000000000000000000000dead"
The burn address is a non accessible address of which any tokens that get sent there are forever lost. 4% of the taxes on each transaction are sent to the burn wallet
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Passive Burn in Example:
  • If an investor purchases 1,000 tokens at $1.00 each token then 40 tokens are automatically burned
  • Then when the investor decides to sell his tokens another 40 tokens are automatically burned
But what does this mean for the price and chart?
If these 2 were the only transactions that occurred, then the floor price is now automatically raised to $1.08 for the next investor