BurstFund

To enhance resilience and emergency responsiveness, the Burst team has established a foundation dedicated to addressing key issues like Burst ETH anchoring and liquidity. This foundation is strategically funded through two primary revenue streams:

  • 10% of Protocol Revenue: This allocation supports the foundation's operational capacity, ensuring it can effectively manage emergencies and stabilize the Burst ETH peg.

  • 1% Tax on Governance Token Trades: This tax fosters responsible governance and contributes to the foundation's financial resources.

Core Functions

The foundation's mandate includes:

  • Rapid Emergency Response: It's equipped to swiftly implement measures safeguarding the protocol's stability and users' interests during crises.

  • Stability and Liquidity Management: Focused on maintaining the Burst ETH peg and ensuring ecosystem liquidity, the foundation employs strategic interventions to counteract market volatility.

  • Long-Term Resilience: Beyond immediate responses, it invests in strategies enhancing the protocol's durability, trust, and market standing.

This streamlined approach demonstrates the Burst team's commitment to the protocol's sustained success and adaptability in the evolving DeFi/LSDFi sector.

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