Burn Ledger
COPE Goes In.
Nobody Gets It Out.
Creator fees collected by the Fusi.ng V2 burn vault are converted to ETH and used to purchase COPE, which is then permanently removed from circulation. Burns are verifiable on Ethereum.
Traders buy and sell COPE on Uniswap V4. Creator fees (0.5%) are collected by Fusi.ng.
35% of creator-fee revenue is routed to the Fusi buyback vault.
The vault converts collected fees to ETH and uses them to purchase COPE from the market.
Purchased COPE is sent to a dead address. The ERC-20 totalSupply() remains unchanged, but the tokens are permanently removed from circulation.
Transaction hash recorded here.
All burn transactions are recorded on Ethereum and can be independently verified on Etherscan. Total supply reductions can be confirmed by checking the balance of the dead address, even though totalSupply() remains fixed.