BurnL

BurnL is a decentralized finance (DeFi) protocol that operates on the Ethereum blockchain. It is designed to facilitate the creation and management of liquidity pools, allowing users to earn passive income through yield farming. The protocol is built on the AMM (Automated Market Maker) model, which enables users to trade cryptocurrencies without the need for a traditional order book. BurnL's unique feature is its burn mechanism, which reduces the total supply of the protocol's native token, BURN, by permanently removing it from circulation. This mechanism is intended to create scarcity and potentially increase the value of the remaining tokens. The protocol also includes a governance system that allows token holders to vote on proposals that can impact the protocol's future development. BurnL aims to provide a secure, transparent, and decentralized platform for users to participate in the DeFi ecosystem.