> For the complete documentation index, see [llms.txt](https://liber-coin.gitbook.io/liber-coin/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://liber-coin.gitbook.io/liber-coin/the-bon-fire.md).

# The Bon-Fire

Bon Fire

<mark style="color:yellow;">**2.5%**</mark> of all $LIBER traded are burnt in **The Bon-Fire**. The more that is traded, the more get put into the fire causing the fire pit to grow in size, larger and larger through self fulfilling Auto-Compounding, reducing the circulating supply and keeping the Liber Coin protocol stable.

The other benefit to an everlasting burn of circulating supply is that due to the deflationary nature of it, equates to a higher value of each $LIBER token, therefore increasing the individual value.\
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**The Bon Fire Address:** 0x7f8A6f6853D61962f2Eaa73D16aB3fe4aCb59E94