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🚨CMC Task: Burn Now, Thrive Later; Explain WAX’s Supply Shift

Campaign on WAX

WAX
🚨CMC Task:  Burn Now, Thrive Later; Explain WAX’s Supply Shift
Difficulty: mediumcustom
Task Ends In-- : -- : -- : --

Status

Closed

Task Type

article

Points

300

Reputation

+0.03

Special Rewards

Top submissions

Best entries from participants

10 participants
  1. OkonkwoJac30717

    @OkonkwoJac30717 · 925

    300pts

  2. #2

    cashminersFL

    @cashminersFL · 646

    250pts

  3. #3

    OriaOres

    @OriaOres · 864

    250pts

The brief

Requirements

Invite only: Selected participants only

Hello BSW Guild! 🌻

WAX’s new economic model introduces an aggressive deflationary curve that slashes token emissions by 75% and permanently removes half of all newly minted WAXP through automatic burns.

This model makes WAX one of the rare Layer-1s with a net-negative issuance, aligning token creation directly with user activity and sustainable network growth. With a new yearly emission ceiling of 156 million WAXP, this policy improves staking value, increases scarcity, and introduces long-term alignment between supply and ecosystem demand.

In this task, you will turn this technical overhaul into a clean, educational CoinMarketCap community post that compares WAX's tokenomics to Ethereum’s EIP-1559 and BNB’s quarterly burns. The goal is to help general readers and CMC users understand not just the “what” of the change, but the “why now.”

📅 Timeline:
June 27 – July 4

📝 Procedure & Requirements:

Your post should clearly explain:

  • ● New emission mechanics and burn ratio

  • ● Strategic timing behind this deflationary pivot

  • ● Comparison to deflationary models like ETH and BNB

  • ● Expected outcomes for holders, validators, and developers

✍️ Writing Style Tips:

  • ● Use bold, clear language focused on impact

  • ● Keep it short, punchy, and scan-friendly

  • ● Avoid exaggerations — focus on what’s observable and grounded

  • ● Include clear analogies or visuals to simplify the economics

📤 Submit & Rewards:

  • Go to our V2 platform, approve the task, and paste your CMC link

  • Assign the task to social miners in your circle for added reach

  • Earn up to 300 points and 0.03 REP based on quality and engagement

Requirements

Must have a minimum of 50 X/Twitter followers to be eligible for Social Mining Tasks. If you do not have a WhoTweets account yet, please register by clicking the button below.

June 30, 2025 at 4:16 PMJuly 3, 2025 at 4:00 PM

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Analytics

How this task performed

Final

Participants

10

unique miners

Articles

0

long-form entries

Engagement metrics cover 0 of 10 submissions

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