Over the course of 5 years, we will burn 50% of the initial supply. Every quarter we will burn 3% of the initial supply until we have burned a total of 50% (1,000,000,000 TXBIT).
Effectively 50,000,000 Txbit Tokens every quarter = 200,000,000 TXBIT each year.
After first year = supply 1,800,000,000 TXBIT
After second year = supply 1,600,000,000 TXBIT
After third year = supply 1,400,000,000 TXBIT
After fourth year = supply 1,200,000,000 TXBIT
After fifth year = supply 1,000,000,000 TXBIT
After the fifth year, the Txbit Burn program will automatically end.