Proof of Burn
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Since launch, Alpaca Finance has adopted buyback & burn as a deflationary mechanism to increase the long-term value of the ALPACA token. The portions of the platform's revenue used for buyback & burn are:
Liquidation Fee - 4% (out of 5%) of all liquidation fees are used for buyback & burn of ALPACA tokens in the case of 3rd-party liquidation bots. In the case where liquidation is initiated by Alpaca's internal bot, all 5% of the liquidation bounty goes to buyback & burn.
AF1.0's Lending Performance Fee - 4% (out of 19%) of the borrowing interest fees is used for buyback and burn of ALPACA tokens.
Alpies NFT Sales - 20% of the sales proceed were used for buyback and burn.
Alpies NFT Royalty - 2.5% (out of 5%) generated from Alpies sales on secondary markets goes towards buyback and burn.
AUSD Stability Fee - 50% of the stability fee goes towards buyback and burn.
Auto-Farming Performance Fee - 5% (out of 9%) goes towards buyback and burn.
Automated Vault Management Fee - 50% of the management fee goes towards buyback and burn.
Automated Vault Withdrawal Fee - 50% of the withdrawal fee goes towards buyback and burn.
Governance Vault Early Withdrawal Fee - 50% of the withdrawal fee goes towards burn.
Perpetual Futures Exchange Fee - 6% (out of 30%) goes towards buyback and burn.
AF2.0's Lending Performance Fee - 4% (out of 19%) goes towards weekly buybacks and burns of the ALPACA token.
Below is a record of every burn transaction we have initiated since launch:
Burn #
Date
ALPACA Amount
USD Amount (at Burn Date)
1
28 March 2021
20,888
12,400
2
4 April 2021
60,888
40,800
3
11 April 2021
103,888
72,200
4
18 April 2021
140,888
72,600
5
25 April 2021
72,888
54,000
6
2 May 2021
28,888
76,200
7
9 May 2021
44,888
124,800
8
16 May 2021
69,888
118,000
9
23 May 2021
100,888
70,000
10
30 May 2021
61,888
56,000
11
6 June 2021
93,888
81,000
12
13 June 2021
98,888
78,000
13
20 June 2021
117,888
87,000
14
27 June 2021
198,888
74,000
15
4 July 2021
91,888
62,000
16
11 July 2021
105,888
62,500
17
18 July 2021
105,888
50,500
18
25 July 2021
136,888
70,200
19
1 August 2021
196,888
171,200
20
8 August 2021
492,888
502,800
21
15 August 2021
229,888
255,000
22
22 August 2021
147,888
202,600
23
29 August 2021
240,888
318,000
24
5 September 2021
161,888
187,800
25
12 September 2021
384,888
415,700
26
19 September 2021
122,888
132,800
27
26 September 2021
201,888
176,400
28
3 October 2021
229,888
206,600
29
10 October 2021
211,888
185,000
30
17 October 2021
168,888
166,800
31
24 October 2021
175,888
160,800
32
31 October 2021
206,888
184,000
33
7 November 2021
501,888
444,250
34
14 November 2021
695,888
625,300
35
21 November 2021
984,888
806,000
36
28 November 2021
1,178,888
832,600
37
5 December 2021
1,008,888
633,650
38
12 December 2021
1,000,888
557,200
39
19 December 2021
813,888
430,300
40
26 December 2021
793,888
454,400
41
2 January 2022
510,888
319,300
42
9 January 2022
209,888
104,300
43
16 January 2022
168,888
83,000
44
23 January 2022
583,888
183,000
45
30 January 2022
612,888
222,100
46
6 February 2022
477,888
179,600
47
13 February 2022
537,888
206,500
48
20 February 2022
667,888
242,400
49
27 February 2022
712,888
252,500
50
6 March 2022
660,888
253,000
51
13 March 2022
568,888
231,700
52
20 March 2022
501,888
218,300
53
27 March 2022
149,888
72,400
54
3 April 2022
134,888
69,900
55
10 April 2022
110,888
64,000
56
17 April 2022
118,888
71,600
57
24 April 2022
116,888
69,900
58
1 May 2022
341,888
138,200
59
8 May 2022
423,888
182,600
60
15 May 2022
334,888
105,500
61
22 May 2022
332,888
107,300
62
29 May 2022
334,888
106,550
63
5 June 2022
336,888
103,900
64
12 June 2022
353,888
103,600
65
19 June 2022
345,888
65,800
66
26 June 2022
544,888
123,800
67
3 July 2022
333,888
71,400
68
10 July 2022
349,888
81,800
69
17 July 2022
348,888
83,750
70
24 July 2022
358,888
89,000
71
31 July 2022
358,888
98,000
72
7 August 2022
358,888
101,500
73
14 August 2022
368,888
107,000
74
21 August 2022
358,888
87,000
75
28 August 2022
358,888
89,500
76
4 September 2022
358,888
100,150
77
11 September 2022
258,888
73,750
78
18 September 2022
258,888
71,550
79
25 September 2022
258,888
75,250
80
2 October 2022
248,888
71,900
81
9 October 2022
258,888
75,800
82
16 October 2022
332,888
98,900
83
23 October 2022
258,888
74,700
84
30 October 2022
224,888
66,500
85
6 November 2022
154,888
47,500
86
13 November 2022
180,888
41,500
87
20 November 2022
129,888
29,800
88
27 November 2022
155,888
38,400
89
4 December 2022
153,888
41,800
90
11 December 2022
109,888
29,000
91
18 December 2022
108,888
28,500
92
25 December 2022
116,888
29,800
93
1 January 2023
108,888
26,600
94
8 January 2023
100,888
25,200
95
15 January 2023
100,888
27,000
96
22 January 2023
100,888
27,400
97
29 January 2023
100,888
28,500
98
5 February 2023
86,888
25,700
99
12 February 2023
86,888
24,600
100
19 February 2023
83,888
24,900
101
26 February 2023
104,888
33,500
102
5 March 2023
79,888
23,500
103
12 March 2023
125,888
35,300
104
19 March 2023
177,888
56,200
105
26 March 2023
147,888
45,600
106
2 April 2023
100,888
29,500
107
9 April 2023
109,888
32,100
108
16 April 2023
100,888
29,600
109
23 Apr 2023
100,888
26,500
110
30 Apr 2023
100,888
26,700
111
7 May 2023
132,888
31,300
112
14 May 2023
168,888
34,900
113
21 May 2023
109,888
23,600
114
28 May 2023
106,888
21,600
115
4 Jun 2023
50,888
10,300
116
11 Jun 2023
50,888
7,500
117
18 Jun 2023
50,888
7,200
118
25 Jun 2023
50,888
8,100
119
2 Jul 2023
50,888
7,500
120
9 Jul 2023
50,888
8,000
121
16 Jul 2023
50,888
7,900
122
23 Jul 2023
88,888
13,100
123
30 Jul 2023
50,888
7,400
124
6 Aug 2023
50,888
8,100
125
13 Aug 2023
50,888
7,700
126
20 Aug 2023
50,888
7,100
127
27 Aug 2023
50,888
6,900
128
3 Sep 2023
50,888
6,900
129
10 Sep 2023
50,888
6,800
130
17 Sep 2023
50,888
6,900
131
24 Sep 2023
50,888
6,900
132
1 Oct 2023
50,888
7,000
133
8 Oct 2023
50,888
8,000
134
15 Oct 2023
50,888
9,600
135
22 Oct 2023
50,888
8,400
136
29 Oct 2023
50,888
8,200
137
5 Nov 2023
50,888
9,200
138
12 Nov 2023
50,888
9,700
139
19 Nov 2023
50,888
8,500
140
26 Nov 2023
50,888
8,900
141
3 Dec 2023
50,888
8,900
142
10 Dec 2023
40,888
9,600
143
17 Dec 2023
50,888
10,800
144
24 Dec 2023
50,888
9,200
145
31 Dec 2023
50,888
9,800
146
7 Jan 2024
50,888
9,400
147
14 Jan 2024
50,888
9,600
148
21 Jan 2024
50,888
10,100
149
28 Jan 2024
50,888
9,400
150
4 Feb 2024
50,888
8,800
151
11 Feb 2024
50,888
9,100
152
18 Feb 2024
50,888
9,800
153
25 Feb 2024
50,888
10,100
154
3 Mar 2024
50,888
10,300
155
10 Mar 2024
50,888
11,700
156
17 Mar 2024
20,888
5,500
157
24 Mar 2024
14,888
3,500
158
31 Mar 2024
30,888
8,100
159
7 Apr 2024
57,888
14,800
160
14 Apr 2024
60,888
10,500
161
21 Apr 2024
30,888
6,200
162
28 Apr 2024
20,888
3,700
163
5 May 2024
20,888
3,700
164
12 May 2024
168,888
28,000
165
19 May 2024
20,888
3,400
166
26 May 2024
113,888
20,500
167
2 June 2024
14,888
2,500
168
9 June 2024
10,888
1,800
169
16 June 2024
10,888
1,700
170
23 June 2024
11,888
1,500
171
30 June 2024
10,888
1,400
172
7 July 2024
9,888
1,100
173
14 July 2024
20,888
2,600
174
21 July 2024
20,888
2,700
175
28 July 2024
20,888
2,600
176
4 August 2024
20,888
2,100
177
11 August 2024
31,888
3,200
178
18 August 2024
18,888
1,700
179
25 August 2024
8,888
2,200
180
1 September 2024
8,888
1,500
181
8 September 2024
8,888
1,500
182
15 September 2024
8,888
1,600
183
22 September 2024
8,888
1,400
184
29 September 2024
8,888
1,600
185
6 October 2024
8,888
1,400
186
13 October 2024
8,888
1,400
187
20 October 2024
8,888
1,500
188
27 October 2024
10,888
1,600
189
3 November 2024
8,888
1,100
190
10 November 2024
8,888
1,700
191
17 November 2024
8,888
1,500
192
24 November 2024
8,888
1,600
193
1 December 2024
8,888
2,000
194
8 December 2024
8,888
2,300
195
15 December 2024
8,888
2,000
196
22 December 2024
8,888
1,500
197
29 December 2024
8,888
1,600
198
5 January 2025
8,888
1,600
199
12 January 2025
8,888
1,400
200
19 January 2025
8,888
1,200
201
26 January 2025
8,888
1,100
202
2 February 2025
8,888
800
203
9 February 2025
8,888
900
204
16 February 2025
8,888
1,400
205
23 February 2025
8,888
1,100
206
2 March 2025
8,888
1,000
207
9 March 2025
20,888
1,200
208
16 March 2025
18,888
1,300
209
23 March 2025
8,888
1,100
210
30 March 2025
12,888
800
211
6 April 2025
17,888
700
212
13 April 2025
18,888
700
213
20 April 2025
18,888
900
214
27 April 2025
188,888
41,500
215
4 May 2025
8,888
1,800
216
11 May 2025
18,888
4,100
217
18 May 2025
8,888
1,800
218
25 May 2025
??
??
Burn #66:
Burn#106:
Burn#107:
Burn#159:
PCS LP token burn: the initial LP tokens that we used to seed the PCS ALPACA-BNB pool
250,000 ALPACA tokens
Extra rewards burned 84,000 ALPACA burned (the extra ALPACA tokens that would've been earned by the dev fund during the 2nd week of the Bonus Rewards)
Burn #1:
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Burn#108:
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Burn#111:
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Burn#114:
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Burn#128:
Burn#129:
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Burn#135:
Burn#136:
Burn#137:
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Burn#158:
Burn#160:
Burn#161:
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Burn#165:
Burn#166:
Burn#167:
Burn#168:
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Burn#216:
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