$MOONX Token
The Buy & Burn Engine
The mechanism, step by step: what happens, on what cadence, and how to verify it.
The cycle
- Accrue. Revenue from allocations, NFT mints and protocol fees accumulates in the Strategic Crypto Reserve.
- Trigger. Buybacks are discretionary and run per profit cycle — not on a fixed calendar. When a cycle closes profitably, the team allocates capital from the SCR to a buyback. There is no promised weekly or monthly schedule to miss.
- Buy. The allocation market-buys $MOONX on PulseChain liquidity — a real bid against the real book, at real prices.
- Burn. Every token bought is transferred to the dead address. It is removed from circulating supply permanently and irreversibly.
- Publish. The transaction is on-chain and verifiable by anyone.
Why buy-and-burn rather than dividends
A dividend distributes value to whoever holds at a snapshot. A burn sends tokens to the dead address (0x…dEaD) and removes them from circulating supply. It pays no one and requires no claim, and it makes no promise about value or price.
How to verify a burn yourself
- Open the $MOONX contract on scan.pulsechain.com.
- Look at transfers to the dead address (0x…dEaD).
- Each transfer is a completed burn. Sum them for total supply removed to date.
- Compare the buy transaction that preceded it — the market buy and the burn are linked events.
Discretionary, not scheduled — and why that matters
Buybacks run per profit cycle at the team's discretion rather than on a fixed calendar. This is a deliberate design choice with a real trade-off, so it is worth stating plainly.
| Discretionary (what MOONX does) | Fixed schedule (the alternative) |
|---|---|
| Buys when a cycle actually produced profit — the reserve is never drained to hit a date | Buys on a calendar whether or not revenue supported it |
| Cannot be front-run by traders positioning ahead of a known buy window | Publicly predictable, and therefore tradeable against holders |
| Sizing can respond to market conditions — deploy more into weakness | Fixed size regardless of price |
| Requires trust that cycles are called honestly | Requires no trust, but wastes capital on bad timing |
What is enforced and what is discretionary
SCR buybacks are discretionary team decisions per profit cycle. MoonVault's fee router burn (1.5% of realised gain) is enforced by contract.
