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Ponzi Express
  • 🚂Getting Started
    • Abstract
    • Introduction
  • 🪙Token Types & Staking
    • Rebasing Tokens
    • Non-Rebasing Tokens
    • Trustless Treasury & Liquidity
  • 🖨️Token Creation
    • Token Creation
    • Rebasing Token Creation
    • Non-Rebasing Token Creation
    • Tax Functions
    • Protection Mechanisms
  • 📈The $PONZIE Token
    • Buy / Sell Taxes
    • Token Staking
    • LP Staking
    • Unified Staking Experience
    • Redemption Event
  • 🎬Conclusion
    • Conclusion
  • ❓FAQ
    • FAQ
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  1. The $PONZIE Token

Redemption Event

Ready to cash out or just had enough of the ride? During a redemption event, you can burn your $PONZIE tokens to receive your proportional share of the token’s backing in $ETH and LP tokens. And don’t worry, we’re not holding you captive—burn them all and freely escape our matrix! Plus, 10% of the burned amount gets distributed back to other $PONZIE holders, as a final tip of the hat to those still in the game.

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Last updated 7 months ago

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