Based on the revised transaction fee structure and burn policy discussed earlier, BORA 3.0 will feature a deterministic deflationary token economy.
In the BORA 2.0 plan outlined in the white paper, the tokenomics were dynamic, with inflation or deflation occurring based on the balance between the number of tokens burned and the number of additional tokens issued (similar to Ethereum).
However, with BORA 3.0, the total supply of BORA tokens will only decrease from the Maximum Supply(1,205,750,000 BORA), establishing the deflationary tokenomics of BORA 3.0.
To better understand, please refer to the simplified outline of the BORA 2.0 and BORA 3.0 structures below.
As shown in the figure above, in BORA 3.0, as token burning occurs, the total issued supply of BORA tokens will continue to decrease from the Maximum Supply(1,205,750,000). The reduction in total issuance (= cumulative burn amount) may vary depending on the transaction volume and token burn rate policy within the BORA ecosystem.
