> For the complete documentation index, see [llms.txt](https://crono-king.gitbook.io/cronofi-finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://crono-king.gitbook.io/cronofi-finance/details/burns.md).

# Burns

To show our commitment to the project, Cronofi team will be burning ALL $CRONO tokens in the developer's wallet and on top of that. Unlike other project owners who are entitled to the 10% emission rate (4.32 $CRONO per day), the team will be forgoing this reward and burn them, reducing the supply of $CRONO

Additional buyback and burns will also occur whenever we hit a significant TVL milestone, celebrating the success of the project.