Coin burning makes AuraDoge(AUDG) deflatuary.

Coin burning is a mechanism used to remove coins from circulation, reducing the total supply permanently. Many cryptocurrency projects perform periodic coin burns to create a deflationary effect. AuraDoge(AUDG) adopts two coin-burning mechanisms, which will reduce its total supply by 50% in the long term wich makes burn 250 Billion Auradoge coins. The first mechanism consists of burning a portion of the Auradoge (AUDG) spent as gas fees on the BNB Chain (introduced in the BEP-20). The second consists of quarterly AuraDoge (AUDG) burning events.

To speed up the process, AuaDoge introduced a new burning mechanism through the BEP-20 in June 2023. BEP-20 is a token standard on the Binance Smart Chain (BSC) that extends ERC-20, the most common Ethereum token standard. It can be thought of as a blueprint for tokens that defines how they can be spent, who can spend them, and other rules for their usage1. Due to its similarity to Binance Chain’s BEP-2 and Ethereum’s ERC-20, it’s compatible with both.