# Mr Burns - BSC

Mr Burns Token is a cryptocurrency that is based on the Binance Smart Chain and is inspired by the iconic character Mr. Burns from the popular TV show The Simpsons. $BURNS is designed to be hyper deflationary, which means that the total supply of tokens will decrease over time due to periodic token burns.

Token burns are a common feature in the cryptocurrency world, where a certain percentage of the total token supply is destroyed or removed from circulation. This can help to increase the scarcity of the remaining tokens and potentially drive up their value in the market.

The team has stated that they will burn 1% of the total token supply every week for the first 12 weeks of the project, and then reduce the burn rate to 0.5% per week thereafter. This means that the total supply of $BURNS will decrease by a significant amount over time, potentially making the remaining tokens more valuable.


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