# Introduction to the TitanX Ecosystem TITAN X, designed with a strategic emphasis on reducing supply and fostering buy pressure via smart contracts, is a dynamic ecosystem underpinned by various mechanisms aimed at augmenting scarcity and value appreciation. Its core features include using 62% of a miner’s ETH to buy $TITANX and burn it as well as staking mechanics which incentivize users to lock up $TITANX for increased ETH yield, mimicking a Certificate of Deposit system prevalent in traditional banking. This lock-up strategy effectively reduces circulating supply, adding value and stability to $TITANX. Moreover, TITAN X incorporates a Proof of Burn 2.0 mechanism enabling ecosystem developers to create new tokens by burning $TITANX permanently, thereby boosting scarcity. Constant buy-and-burn activities, coupled with daily reductions in mineable $TITANX and increasing production costs, fortify its deflationary model, fostering a trajectory of increasing scarcity and value over time. The ethos of the TITAN X ecosystem: * Doxxed founder is highly preferred * Create pairs of $TITANX or a derivative of $TITANX/$YourToken not with ETH/$YourToken * Protocol/project must benefit the community by burning/removing $TITANX and potentially other tokens from the circulating supply * Collaboration between projects is encouraged --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://zibars-organization.gitbook.io/scale/basics/introduction-to-the-titanx-ecosystem.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.