How does Burn to Earn work?

The burn to earn dashboard should be familiar to many of you because it takes its inspiration from a couple of larger projects that are very popular in the Web3 eco-system. However the Burn to Earn dashboard is all custom built specifically for the Dino Mafia family. Here's how it works!

25% of the total supply was minted to the Burn to Earn multisig. On the Burn to Earn dashboard you will see tasks and milestones. Let's dig a little deeper into what those are.

Milestone - Milestones are set by the team and are growth objectives or community building initiatives that, when reached, will burn a portion of the supply being held in the B2E multisig. An example of a milestone might be crossing 5000 members in the Telegram group.

Tasks - Tasks are different because, unlike milestones, they are completed by the community members themselves. Tasks are pushed live and each task will have a bounty and a ratio. The bounty is the number of tokens that this particular tasks is worth and the ratio is the ratio between burned tokens (Tokens removed from the supply) and earned tokens (Tokens that are awarded to the winner. )

Below you will see a sample of what a task might look like.

Task: Write a twitter thread about Dino Mafia and compare it to one other meme coin project with over 1m dollars in average daily trading volume.

Rules: The thread must be in english and well written including factual information about both projects. Botting is not allowed and will have you disqualified from the competition

Requirements: Participant must hold a minimum of 10000 DMFIA tokens in your wallet to qualify

Trigger: The first qualified thread that reaches either 100 likes or 25 retweets is the winner.

Bounty: 500,000 DMFIA tokens

Ratio: 60% burned and 40% awarded to the winner

Base XP per submission: 100 points

Everyone who legitimately participates in a task will receive XP points. XP points play an essential role within the Dino Mafia eco-system as they allow a community member to increase their ranking quicker which opens up more options for you as the holders.