$REASN
The Reason token. Protocol fees are used to buy it back and burn it.
What it is
$REASN is the token of Reason, launched on BNB Chain. The vaults work without it: deposits, moves and withdrawals don't need the token.
Where fees come from
Reason takes one fee: 3% of the interest the vaults earn, minted to the treasury as vault shares whenever someone deposits, withdraws or moves the vault. Nothing on deposits, withdrawals or moves themselves.
Buyback and burn
Protocol fees are used to buy back $REASN in its own pool and burn it.
01Fees in
3% of the vaults' interest reaches the treasury as shares.
02Buyback
The treasury redeems them and buys the token in its pool on BNB Chain.
03Burn
The bought tokens go to 0x…dEaD, out of supply for good.
Burned so far
Read from the chain: what the dead address holds of the token.
-tokens burned
-of the total supply
-tokens left in supply
| Token contract | Published at launch |
| Burn address | 0x000000000000000000000000000000000000dEaD |