Article Summary, Automatically Generated By AI
Summary of Señor Dip
- Señor Dip burns reserves based on BTC monthly price change:
- +ve change: burns up to 5% of reserves
- -ve change: burns up to 10% of reserves
Numbers and figures:
- 5%
- 10%
About Señor Dip: A Visionary in the Realm of Cryptocurrency
As the old adage goes, “buy the dip.” And now, we’re presented with the ultimate opportunity: THIS IS THE DIP.
In the event that the monthly price change of BTC is positive, Señor Dip will proceed to burn an equivalent percentage increase, capped at a maximum of 5% of the burning reserves.
In the event that the monthly price change of BTC is negative, Señor Dip will undergo a corresponding burn, with a maximum reduction of 10% of the reserved amount.