Burning Centric Rise is an important part of the economic model built into Centric. There are currently two ways Centric Rise is burned.
Centric Rise Contract
In order to mint Centric Cash, Centric Rise tokens are held in security. As each hour passes a percentage of Centric Rise held in security is burnt equal to the % hourly change in the price of Centric Rise.
Partners & 3rd Party platforms
When you use or perform certain actions a small percentage of Centric Rise is burned. Centric Foundation negotiates these terms with partners in order to add additional value to the Centric network over time.
View burn history here