# Welcome to FireBot.gg!

### **Multi-Asset Backing: Stability with Major Cryptocurrencies**

FBX is the cornerstone of an ecosystem backed by major cryptocurrencies. With a comprehensive asset management system that ensures FBX is supported by a diverse portfolio of leading digital assets, providing stability and reinforcing its role as a trusted asset in the ever-evolving crypto landscape.

### **Scarcity from Day One**

FBX was launched with a hard cap of **21 million tokens**. Every interaction with smartcontracts triggers continuous, protocol-level burns—through various integrated mechanisms, including transmuters—steadily reducing the circulating supply. This built-in scarcity ensures that each token becomes progressively rarer and more valuable over time.

### **Deflationary by Design**

The ecosystem employs multiple burn processes to tighten supply every time users engage with the smartcontracts.

### **Yield & Burns**

EP tokens are a core innovation of the ecosystem: on-chain proof-of-burn assets minted by burning FBX. This process supports FBX deflation and rewards EP stakers with yield.

### **True Ultrasound Money 🦇🔊**

If capped-supply gold is sound money, decreasing-supply FBX is ultrasound money. Bitcoin (BTC), often compared to digital gold, remains inflationary due to its ongoing mining emissions. Ethereum (ETH), while theoretically deflationary, still experiences net-positive emissions in practice. FBX, on the other hand, takes this concept further—by ensuring that supply can only decrease, making it a currency engineered for long-term deflationary scarcity.