> For the complete documentation index, see [llms.txt](https://fireartz.gitbook.io/documents/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://fireartz.gitbook.io/documents/token-features/untitled/untitled-4.md).

# Deflationary Token Mechanism

![Artz Token dynamics over time.](/files/-MeykwR978Cg788Y3cep)

Deflation of tokens is one of the most important and key features of the Fire Artz Token in order to create scarcity & hence increase the value for the ecosystem. 

We will be implementing this by using the burn function in the token smart contract. Artz Tokens collected after the sale of each Fire Artz NFT will go through a 100% token burn. The artist of the hand painted artwork will be paid in tokens from the artist vault specially allocated for this purpose. (Token allocation shared in token distribution details.) 

Also royalty fees (5%) collected from the secondary sale of Fire Artz NFT tokens will also be used for a 100% token burn. The token burn will be carried out once per week and the transaction id will be shared with the token holders for transparency. A dashboard will be created to view the current stats, token supply & total burn for members of the ecosystem.