How does the burning mechanism work on the claim portal?

Claim portal was designed for our presale investors.


On the claim portal there is an option to unlock your vested tokens in exchange for burning a certain percentage (59.5% burn rate at the moment).


For example:  their tokens are vested for 1 year. If they want to redeem their tokens earlier they have to pay the penalty – If they request for example 10000 $XCAD they’d only receive 4050 XCAD and 5950 will be burned forever.