> For the complete documentation index, see [llms.txt](https://crybeto666s-organization.gitbook.io/crybeto-whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://crybeto666s-organization.gitbook.io/crybeto-whitepaper/platform-token-cbo/token-burning.md). # Token Burning Crybeto will use **6.67%** of the daily bonus pool for buyback, and the buyback time is from **00:00 to 23:59** every day. All CBO that is bought back will be burned to further increase the scarcity and price appreciation of CBO. The token burn mechanism will be done on chain, and the destroyed tokens will be credited to a publically known burner address (see below). ### Designated CBO Burner Address：