MAYG Gitbook

$PLB Burn

$PLB will be bought from the marketplace at 1% of net monthly profits from the management of the Reserve and any Commercial IP net profits.
This monthly 1% will be bought equally from our main DEX and CEX listing.
The $PLB will be burned and taken out of circulation.
*Our expectation is to start this after there is an inflationary pool of supply of $PLB, with an estimate from 6 months from the open beta launch.
The amount of burn and the rate of burn will be up for governance vote after 36 months from TGE of the $PLB.