BlackHole Protocol Introduction
What is BlackHole Protocol?
Blackhole Protocol is an approval-free cross-chain burning platform based on Ethereum network. Any user or project governor could create a burning pool by holding BLACK and old token LP to permanently burn the old Token and mint a new token, thus gaining ecological vitality and rewards
Blackhole Protocol originates from Ethereum network and gradually spread to Polkadot, BSC, Heco, SOL and eventually the whole blockchain world. The creator holds X tokens and Black Token to create a black hole burn pool without a license. This burning mechanism will miny new token Y which is used as a reward when using the burning method.