A dynamic amount of LATTE is minted for boosted rewards from booster NFT
Additionally, 15.0% is minted for development fund. This means that if 10 LATTE are minted, then an additional 1.5 LATTE is minted and sent to the development fund.
Deflationary Mechanisms
At present, the source of fund for LATTE buyback and burned come from:
20% of income from OG NFTs
25% of income from Booster NFTs
0.04% of every trade made on LatteSwap
2% of every yield harvest in the auto-compounding LATTE Pool (To be released after Bonus Rewards Period ends)
The team will continue to add burn mechanism with new feature releases to increase the burn amount. The burning process is currently manual. View burn tx records here.