Another 80,653 $IGN has been permanently removed from circulation 44.71% of the total supply BURNED Remaining Supply: 55,287,741 IGN Latest Burn Value: $22.69 Less supply. Stronger scarcity. The fire keeps burning @monad

Happy weekend family @monad

Still sleeping on IGNIS? 👀 Built on Monad. Powered by liquidity, buybacks, and burns. Meet the protocol behind the phoenix. @monad #meme 🌐 ignismonad.xyz/⁠�

IGNIS’s burn logic has no admin pause or upgradeable proxy. Its rules are on-chain And that oversized pause button has no authority here. Gmonad @monad

@monad @monad_eco

IGNIS links its treasury wallets and revenue ledger from the website, so you can follow the on-chain trail. The phoenix brought a magnifying glass. You just need a browser. @monad @monad_eco $ign

IGNIS’s rules permanently disable it once at least 90% of the supply is burned. The phoenix checked the course before teeing off. Saturday research counts as a sport, right?

Anyone can call IGNIS’s igniteBurn() once its cooldown ends. Until then, even the phoenix waits outside. Rules are rules. @monad @mo

When IGNIS reaches 50% burned, its Late Game begins: all burn proceeds are redirected to $IGN buybacks and burns. New chapter. New route. @monad

IGNIS’s treasury multisig can direct harvested proceeds into liquidity pairs, but it can’t withdraw the permanently locked LP. Even an oversized padlock gets the point across. @mo

The fees have a side quest IGNIS’s forgeStability() collects LP swap fees, runs a three-round buy/sell loop and burns the remaining IGN. The phoenix brought an oversized wrench. Just in case

Fresh focus, zero extra IGN. IGNIS has no mint function. The phoenix can refill the mug, but can’t refill the token supply @monad

Sunday read ☕ IGNIS staking has two chapters: $IGN rewards first, then DAO pool trading fees are designed to fund stakers. The reward source changes as the protocol develops. @monad #gmonad

Weekend mode on: The IGNIS burn engine stays on-chain. When the cooldown ends, anyone can call igniteBurn(). The rules don’t take Saturdays off @mon

Before the burn engine goes fully defensive, it builds. In the Early Game, 100% of WMON proceeds are directed toward DAO liquidity pools expanding the markets that feed the protocol. Build liquidity first. Then turn up the burn. $IGN @monad

A burn engine shouldn’t depend on someone staying honest. IGNIS is built without an admin key, pause switch or upgradeable proxy controlling its burn logic. Permissionless execution. On-chain rules. No manual override. $IGN @monad $mon

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