> For the complete documentation index, see [llms.txt](https://boxbet.gitbook.io/bxbt/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://boxbet.gitbook.io/bxbt/overview/buy-and-burn.md).
# Buy and Burn
### Starting Total BXBT Token Supply: 100,000,000
### Current Total BXBT Token Supply: 95,426,355.21 (95.42%)
### Total BXBT Token Burned: [4,573,644.79 (4.57%)](https://etherscan.io/token/0x33f289d91286535c47270c8479f6776fb3adeb3e?a=0x000000000000000000000000000000000000dead)
### Future Total BXBT Token Supply: 25,000,000
### :fire: [Burn History ](https://etherscan.io/address/0x87394545617e742560F83e3e6CbC3d146b9acfdf)
\*We have begun token buybacks. The purchased BXBT tokens will be transferred to the burn address. Please refer to the buyback and burn address for a complete TX history.
How does the buy and burn program work?
* BoxBet will use **10% of its NGR** to buy back $BXBT tokens from the open market, sending these tokens to the ETH burn address to permanently remove them from circulation, making $BXBT deflationary. All BXBT token buybacks and burns will be verifiable with on-chain proof.
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