Swap & Burn Mechanism
What comes in is used to buy back and burn. Nothing is kept.
Overview
OX Labs uses a swap-integrated burn system designed to continuously reduce the total supply of $OXLABS while aligning long-term token value with actual protocol usage.
This is not just a burn mechanic. It's a feedback loop that rewards activity with scarcity.
What is the $OXLABS Swap & Burn?
Each time a user swaps tokens through the OX Labs-branded widget (powered by SimpleSwap), a 1% fee is collected from the transaction. This fee is used to buy $OXLABS from the open market. The purchased tokens are then sent directly to a public burn wallet and permanently removed from supply.
Why It Matters
Keeps tokenomics deflationary
Ensures a direct connection between usage and value
Protects against inflation from early allocations
Empowers the community — more swaps mean more burn
How It Works
Users swap any token through the OX Labs widget
1% fee is collected
Collected fees remain in SOL until the total reaches a minimum of $300
SOL is sent to the burn wallet
Protocol buys $OXLABS with collected SOL
All purchased tokens are burned
Benefits
Deflationary Supply
Fewer tokens over time
Real Buy Pressure
Constant market demand for $OXLABS
Aligned Incentives
More activity = more token value
Transparent Burn Mechanism
Everything is verifiable on-chain
Swap & Burn Wallet Address
BURns8dnXxnWp9AXbvMrcA1Zzn65yBYPxfjN3GAVnCvF
All transactions are public and traceable. You can view all burn transactions via:
A live burn dashboard will also be introduced after launch for real time visibility.
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