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  • πŸ–ΌοΈBURN Event (Genesis NFT)
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BURN Event (Genesis NFT)

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Last updated 2 years ago

The legends at TORCH were able to summon 666 Unique Torch NFTs. The TORCH Burning Event will allow TORCH holders to take part by staking TORCH into the Burning Event contract. Participants will generate LIGHT which will then be fused together to mint 1 of 66 Genesis Torch NFTs. 10 Editions are planned, each with there own special abilities. BURNOMICS: - Holders of TORCH may BURN TORCH to generate LIGHT without staking! - The ratio is 6:1 (TORCH Burnt: Light Generated) Contract Code: EDITION 1: - Lifetime access to TORCH Genesis Perks (BOT Access, Referral TORCH Bot, Realtime BOT API) - Fee Exclusion to remove taxes on buys/sells (Legendary piece 1 of 10) - More to be released... LIGHT required to fuse TORCH EDITION #1s will be "666,666" LIGHT LIGHT generation calculation = (TORCH Staked / 10) * Time Staked Since Last Claim Eg: 1 Million Staked for 1 day = (1,000,000 / 10) = 100,000 LIGHT generated per day After 6.6 days enough LIGHT will have been generated to fuse and mint a genesis NFT. LIGHT unused will be carried through to the next edition, but points required will be scaled to balance minting costs. EDITION 2: - TBA...

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