# Lazarus Burn Pit

We burned  24% from the initial supply during the completion of the [Market Generation Event](/sidekick-finance/protocols/sidekick-elite-token-usdsk/fair-launch.md). Please take a look at [tokenomics page.](/sidekick-finance/protocols/sidekick-elite-token-usdsk/usdmbud-community-driven-token.md)

In June 2021 we burned additional 20% of the initial supply, currently we have more burned more than 49% of the initial supply.

Not only will we have  30% Transaction Tax burn, but we will be able to use locked liquidity to buy back tokens and have burns controlled by the team and promoted based on achievements to keep the community rewarded and engaged.

SideKick aims to implement a burn strategy that is beneficial and rewarding for those engaged for the long term.&#x20;

Furthermore, the total number of $SK burned is featured on our homepage and will be feature in other cool locations on the website which allows for further transparency in identifying the current circulating supply at any given point in time.


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