Proof of Burn

Buyback and burn are some of the manifestations of the long-term value of CAMEL, which will help CAMEL achieve circulation shortage, value enhancement, and ecosystem growth.

The source of funds for the buyback is mainly from deposit reserves, reinvestment reserves in the auto-compound vault, and performance fees in the manual vault.

To avoid arbitrage, buyback is not scheduled in a fixed time. We will continue to buyback in each cycle, regularly announce of buyback and burn is planned at the end of the month, and the amount of buyback will also be announced at the same time.

Record of buyback and burn

Burn #	CAMEL amount	Burn Tx Hash