Defishards Whitepaper
  • 💡INTRODUCTION
    • Overview
    • What problems are we solving and how?
    • Mission and Vision
    • Why build on NEAR?
  • 💡Our products
    • NFT Launchpad
    • NFT Marketplace
    • Do your own shard (DYOS)
  • 💡PROTOCOL MECHANICS
    • Vault
    • Burn
    • Transfer
    • Buy and Sell
    • Fee Structure
  • 💡Tokenomics
  • 💡Roadmap
  • 💡Conclusion
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  1. PROTOCOL MECHANICS

Burn

PreviousVaultNextTransfer

Last updated 7 months ago

The burn function allows users to instantly redeem the liquidity stored in their DeFiShards.

To use this feature, users need to go to the website first. The NFT displays a burn option at the bottom.

The above process destroys the vault contract.

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