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WHAT'S
BurnPAD?
Function of the BurnPad
In the BurNext project, the BurnPad is a strategic initiative that facilitates collaboration between BurNext and other cryptocurrency projects. Its goal is to encourage the purchase of BBRN, the cryptocurrency of the BurNext project, to support the burning process of the partner projects' tokens, thereby contributing to the reduction of their circulating supply.
Operational Mechanism
When a collaboration is initiated, BurNext and the partner project inform their communities that purchasing BBRN will support the burn process of the partner project's tokens. This process not only helps to decrease the quantity of the partner's tokens in circulation but also aims to increase the number of holders and the market value of BBRN.
Benefits for Partners and BurNext
Through the BurnPad, BurNext offers partner projects, including those that regularly conduct burn operations, a way to execute these burns without direct costs. This collaboration not only increases the value of the partner project's tokens but also that of BBRN, generating interest and engagement in their respective communities and creating mutual benefits.
BURN
PAD
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PROMOTE
YOUR PROJECT
Requirements for Application
Presentation of Your Community and Verification of DEX Listing: It's crucial to demonstrate the breadth and engagement level of your community, using data such as the number of followers on social media and forum activity. Additionally, ensure that your project is already listed on decentralized exchanges (DEX), as evidence of its validity and accessibility in the cryptocurrency market.
Detailed Description of Your Project and Its Compatibility with BurNext: In your application, provide a thorough description of your project, including the business model, milestones achieved, and future plans. Highlight how the objectives and values of your project align with those of BurNext, focusing on shared growth potential and possible strategic synergies.
Proposal for Collaboration and Commitment to Ongoing Monitoring: In your proposal, outline how you intend to manage the collaboration, including negotiating terms and drafting a formal agreement. It's also important to commit to ongoing monitoring of the collaboration, to ensure that both partners derive maximum benefit from the partnership and to make any necessary strategic adjustments.