$SPENG Burning
Last updated
Last updated
In Space Peng, every time you summon a Penguin, the $SPENG you spend doesn’t just vanish — it plays a key role in the economy and helps fuel the ecosystem. Here’s how it works:
When you use$SPENG to open the Penguin Boxes:
99% of the $SPENG spent is burned immediately. That’s right, it’s gone for good, reducing supply and increasing scarcity over time.
1% of the $SPENG is sent to the Space Peng Treasury, supporting future development and sustainability of the game.
Degen Tip: The burn mechanism creates buy pressure as the total supply of $SPENG decreases with every summon. The more you summon, the hotter the economy gets. Hold onto your seats, because as the supply drops, the value could rise. It's a classic supply-and-demand play, but with penguins!
This burning mechanic ensures that the $SPENG economy stays healthy and continuously growing, giving you a reason to keep grinding, summoning, and burning for those rare Penguins. The grind never stops.