Token Burn

12% of the token supply is set aside to be burned over the course of 30 months starting from the date ZERØ goes live.

By using the ZERØ app to read curated content, users can contribute to our deflationary mechanism which will calculate the amount of time a user saves by reading our curated messages instead of the original content, and burn a proportional supply of the PRBLY token based on aggregated time saved across the app. This will decrease the supply of the token by as much as 12%.

Tokens to be burned are kept in a Gnosis multisig wallet with 3 of 5 signers required to execute a transaction. All 5 signers are members of the Probably Nothing team. The Gnosis Wallet can be found here: https://app.safe.global/eth:0x1003405d2b8A02E4102AC40C1C7Cc7B4B3de1fc8/home

https://app.safe.global/eth:0x1003405d2b8A02E4102AC40C1C7Cc7B4B3de1fc8/home

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