> For the complete documentation index, see [llms.txt](https://basicdog.gitbook.io/basic-meme-chain/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://basicdog.gitbook.io/basic-meme-chain/a-chain-for-memes/usddog-token/deflationary-mechanism.md).

# Deflationary Mechanism

With the implementation of Basic Meme Chain the $DOG token becomes a deflationary utility asset.

A percentage of all $DOG that is spent on transaction fees is burned by the sequencer node.