Live burn
$WAGR Burn
Every bet on a $WAGR market burns 1% of the trade (and routes 1% to stakers). The mint has no mint authority, so each burn is permanent and verifiable on-chain.
Total $WAGR burned
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permanently removed from supply
Recent burns
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Waiting for the next burn...
How the burn works
- $WAGR is the collateral you bet with -- and the fee that gets burned.
- On every bet the 2% fee splits on-chain: 1% burned from your wallet, 1% paid to $WAGR stakers.
- Buybacks (gold) route protocol revenue into open-market $WAGR purchases, then burn them -- buy pressure plus supply reduction.
- The fee never pools anywhere; it leaves circulation for good.
- Each burn above is real -- the side and market (or buyback) are shown; click through to Solscan to verify.