Black Hole

SOLG application and burn

Users need to participant in SOLLONG service with mainstream tokens like ETH，SOL, start the data hub CPI, meanwhile the part of SOLG which participant will automatically burn.

Transaction fee decrease

The initial transaction fee is based on a token flywheel economic model that empowers holders of equity. Subsequently, the transaction fee will be adjusted downward from 7.5% based on changes in $SOLG market value, leaving the choice to the market.

When transaction fee rewards cause the $SOLG tokens held by the Black Hole to reach 51% of the total supply, a Black Hole rebalancing operation can be triggered. In this scenario, 0.5% of the total $SOLG token supply is sold for SOL, and an additional 0.5% of $SOLG tokens is allocated to form an LP. This rebalancing ensures that the Black Hole does not accumulate excessive amounts, preventing it from receiving more than 50% of transaction fee rewards. This mechanism ensures fair reward distribution among all $SOLG token holders.