Burn
The Floor Contract starts with 90% of the minting proceeds as its initial capital. Every STTX can be redeemed for DUSX at the floor price.
Since the Floor Contract continuously receives 25% of the protocol’s revenue and STTX supply decreases over time through burns, the floor price steadily increases.
Burning your STTX for DUSX is simple. Go to the Mint page, select "BURN," enter the amount of STTX you want to burn, and preview the DUSX you'll receive. Then, just click the button to complete the process.
Last updated