Burner 🔥

Participate in Burning Raffles and win a share of the burning pot. Users can purchase a ticket to have a chance to win a percentage of the pot. Each raffle is configured at the start and has its own specifications. A percentage of the pot can be won by users who place a ticket. After placing a ticket, the blockchain will determine the outcome after two blocks to see if it is a winning ticket. If the ticket is a winner, the blockchain will automatically transfer the prize to the winning address. When the raffle ends, any remaining coins are burned.

BZE has a burner module that destroys coins in its balance. The BZE network charges fees for different activities. Most fees go to the community pool, allowing the community to vote on whether to burn them or not. However, some coins are sent directly to the Burner Module. Coins can only be burned if the community approves it through a governance proposal. The BZE Alpha Team regularly supports burning events by proposing to move funds from the community pool or by buying back coins.