Burning History
This is a history of the burn schedule so far and details around it.
Burn Schedule The burn schedule is a critical component of Zillanomics, designed to reduce the overall supply of QuantZilla Coin and increase demand. Our burn schedule is based on the principles of Schrödinger's Fibonacci, which combines the Fibonacci sequence with the concept of superposition from quantum mechanics. This creates a complex and dynamic system that determines the amount of QuantZilla Coin to be burned at each interval.
The Burn schedule is also effected by a specific set of conditions, including:
Coin velocity: The speed at which QuantZilla Coins are being circulated within the ecosystem.
Coin supply: The current total supply of QuantZilla Coins.
Market demand: The current demand for QuantZilla Coin, as measured by market metrics such as trading volume and price.
Min max range: The range must stay within 20 to 60 days to insure that while the exact date will never be known before hand, the community can have faith that there will always be one coming within that time.
The burn amount is calculated using a formula that takes into account the current market conditions, Coin supply, and other factors. While not the exact formula, the factors are as follows:
Burn Amount = (Coin Velocity x Market Demand x Coin Supply) / (Fibonacci Sequence x Quantum Flux)
The quantum flux component introduces an additional layer of unpredictability and randomness to the Lock schedule, ensuring that the system remains adaptive and responsive to changing market conditions. The quantum flux is designed to simulate the unpredictable nature of quantum mechanics, where particles can exist in multiple states simultaneously.
Current history for a burn
Coin Creation
623,844,998 - 2025 February 2nd
Next is sometime between 2025 Feb 22nd to April 3rd
Last updated