SCORCH is developing a community-driven deflationary platform designed to manage the challenge of cryptocurrency oversupply and balance the economic theoretical scales of token supply and demand. SCORCH is the platform’s native decentralized cryptocurrency, set to launch on Shibarium Layer-2, and is designed to provide a structured approach to token supply reduction. Tokens such as SHIB [...] The post SCORCH Introduces the First Crowd-Burning Platform appeared first on Blockonomi.SCORCH is developing a community-driven deflationary platform designed to manage the challenge of cryptocurrency oversupply and balance the economic theoretical scales of token supply and demand. SCORCH is the platform’s native decentralized cryptocurrency, set to launch on Shibarium Layer-2, and is designed to provide a structured approach to token supply reduction. Tokens such as SHIB [...] The post SCORCH Introduces the First Crowd-Burning Platform appeared first on Blockonomi.

SCORCH Introduces the First Crowd-Burning Platform

SCORCH is developing a community-driven deflationary platform designed to manage the challenge of cryptocurrency oversupply and balance the economic theoretical scales of token supply and demand.

SCORCH is the platform’s native decentralized cryptocurrency, set to launch on Shibarium Layer-2, and is designed to provide a structured approach to token supply reduction. Tokens such as SHIB have demonstrated diluted value from oversupply, and SCORCH draws direct inspiration from SHIB’s contentions to dent its trillions in token supply. The origins of the SCORCH platform tie directly to improving burn mechanics and deliberate participation-centered systems, opposed to automated token burns.

Leveraging the speed and low fees of Shibarium, SCORCH can power efficient token burns. During the SCORCH presale, users of the SCORCH platform can acquire SCORCH using SHIB, ETH, and USDC. From these tokens, SHIB can be bridged, pooled, and ultimately burned on Ethereum, eventually reducing its supply. Following the end of the presale, users will also be able to buy SCORCH in DeX and CeX.

The platform features three types of burn events, located on a transparent and decentralized hub where all supply reductions are recorded on-chain, to ensure flexibility and scalability. SCORCH-hosted events are organized by the platform, allowing users to participate in structured burn tournaments and earn rewards. Project-owned events enable other token “teams” to launch supply reduction initiatives using SCORCH infrastructure, and community events allow grassroots groups of token holders to coordinate and track voluntary burns.

Currently, the SCORCH token presale is live, with 2 billion SCORCH tokens allocated across ten phases. Participants can purchase SCORCH by using SHIB, with 95% of the contributed SHIB permanently burned, and the remaining 5% reserved for operational costs, rewards, and airdrops. If all phases are completed in full, the presale could permanently remove up to 1.39 trillion SHIB from circulation.

 About SCORCH

SCORCH is the first decentralized crowd-burning platform, built to provide transparent, structured mechanisms for token supply reduction. SCORCH token empowers holders to collectively reduce token supply while tracking progress in real time and benefiting from scarcity mechanics. Beyond deflationary mechanics, SCORCH is about reshaping tokenomics function in a decentralized world.

For more information, visit scorchtoken.com.

The post SCORCH Introduces the First Crowd-Burning Platform appeared first on Blockonomi.

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