> For the complete documentation index, see [llms.txt](https://docs.elron.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.elron.io/tokenomics/burning-mechanism.md).

# Burning Mechanism

The ELRON token buy back wallet will be activated when milestones are met. Tokens will be bought from open market and burnt, with the objective of reducing the circulating supply.

| CIRCULATION |  BURNING % FROM OPEX |
| :---------: | :------------------: |
|  3M - 4.99M |  16.66% - 2.5% / 15% |
|  5M - 6.99M |   30% - 4.5% / 15%   |
|  7M - 9.99M | 44.33% - 6.65% / 15% |
|  10M Above  |   66.6% - 10% / 15%  |