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ubiburner

UBI Burner

Send ETH, burn UBI, help humanity.

Built using

Follow

ContractContributeLogicReasoningRelatedLicense

Contract

Contribute

  • If you want to contribute, you can orient some smart contract fees or just send ETH to this address 0x481B24Ed5feAcB37e282729b9815e27529Cf9ae2.

Logic

  • The contract receives ETH.

  • That ETH is used to buy UBI from Uniswap.

  • UBI that is purchased, is trapped in the contract forever.

  • Therefore those UBIs are considered burned.

Reasoning

  • If a contract does not have a built-in way to send funds from it (like a function that could transfer a token), there is no way to retrieve that token from the contract. You can check it in this and other StackExchange questions.

Related

Proof of HumanityUBI

License

MIT