The Buy & Burn is permissionless, meaning that anyone can either make the pool buy USDC and/or burn $FIDA. Most of the fees generated at Bonfida are burned at the end of every month. 10 percent of $FIDA burned is rewarded to stakers.
Total FIDA ever burned
As FIDA is burned the total supply decreases
10% of FIDA burns go to on-chain stakers
A fully decentralized and transparent program
Stake to get rewards from Buy & Burn