Introducing The BURNT Token

Burnt Finance introduce $BURNT token, which powers the ecosystem of Burnt Finance, the first ever decentralized auction protocol built on Solana.

The BURNT Token

With the unique synergies provided by Solana, Burnt has transformed the auction protocol into a fully decentralized public utility that is owned and governed by the community. All users are given unrestricted access to host a vast array of auctions, ranging from english to dutch. Additionally, users will be able to mint NFTs and a diverse set of synthetic assets, collectively dubbed Burnt Assets (bAssets). This community-driven ethos drives the protocol as a whole, where value is exclusively created and captured by the users.

About Burnt Finance:

Burnt Finance is the first fully decentralized auction protocol on Solana. Burnt allows users to take auctions into their own hands, enabling the minting and trading of any asset in an entirely permissionless ecosystem. The platform can support auctions for synthetics, NFTs, digital assets, and much more. Given its unique Solana-based architecture, Burnt is able to achieve unparalleled transaction speeds with negligible fees.

INFO:

https://medium.com/burnt-finance/introducing-the-burnt-token-315c6f33e4d6