BULLEN Price (bullen/CAD)
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BULLEN market data
What Is BULLEN (BULLEN)?
BULLEN is a deflationary Token-2022 asset on the Solana blockchain, paired with The Herd, a 1,000-piece generative NFT collection built on the Metaplex Core standard. Mint authority and freeze authority are both revoked, so no additional supply can be created and no holder wallet can be frozen. Launch supply was 1,000,000,000 tokens. There was no presale and no team allocation.
The token's function is to be destroyed. Supply is reduced in two independent ways, both permanent and both verifiable directly against Solana mainnet. First, a piece from The Herd is minted by burning 250,000 BULLEN through a publicly published escrow wallet; the mint costs no SOL beyond the network fee. Across all 1,000 pieces this accounts for 250,000,000 tokens. Second, a fixed schedule tied to cumulative trading volume burns tranches of an allocation held in Jupiter Lock, accounting for a further 250,000,000 tokens if the schedule completes in full.
Circulating supply is therefore not a static figure. It is served from an endpoint that reads the chain at request time, and each burn contributing to it is recorded with its transaction signature.