# Deflation (Burn)

Thanks to the **Hope Galaxy NFT collection,** each mint pass costs 1 $HOPE token which is then burned to reduce the supply of the tokens.&#x20;

The first burn has been executed with the soldout of the first NFT collection. The current supply is 14180 with a goal to be achieved after the sale of the fifth collection of 8000 tokens. [Here ](https://www.mintscan.io/juno/txs/E0CA21F37415425296E76E02394FC515BD883C7A540C9F33DAA9E48BC1224F59)you can find the link of the[ **transaction**](https://www.mintscan.io/juno/txs/E0CA21F37415425296E76E02394FC515BD883C7A540C9F33DAA9E48BC1224F59) on mintscan.&#x20;

![First burn executed](https://1568639419-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FFqR9fc1338W5SsMMxPWp%2Fuploads%2FFOqteYrd21IoecuCQdV4%2Fburn.jpeg?alt=media\&token=a8785f61-faf5-455e-b3cf-fd57f583f8d5)

![](https://1568639419-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FFqR9fc1338W5SsMMxPWp%2Fuploads%2FpVtNL8cIFzizc9ejjJKR%2Fdeflatio.png?alt=media\&token=dabc94bc-0369-48be-928f-cd06b4a874bb)

GALAXY 1 COLLECTION = 2000 NFT (2000 MINT PASS = 2000 $HOPE TOKENS BURNED) 16180 $HOPE Total Supply - 2000 $HOPE GALAXY 1 = 14180 $HOPE new supply

GALAXY 2 COLLECTION = 2000 NFT (2000 MINT PASS = 2000 $HOPE TOKENS BURNED) 14180 $HOPE Total Supply - 2000 $HOPE GALAXY 1 = 12180 $HOPE new supply

GALAXY 3 COLLECTION = 2000 NFT (2000 MINT PASS = 2000 $HOPE TOKENS BURNED) 12180 $HOPE Total Supply - 2000 $HOPE GALAXY 1 = 10180 $HOPE new supply

GALAXY 4 COLLECTION = 2000 NFT (2000 MINT PASS = 2000 $HOPE TOKENS BURNED) 10180 $HOPE Total Supply - 2000 $HOPE GALAXY 1 = 8180 $HOPE new supply

GALAXY 5 COLLECTION = 180 NFT (180 MINT PASS = 180 $HOPE TOKENS BURNED) 8180 $HOPE Total Supply - 2000 $HOPE GALAXY 1 = 8000 $HOPE new supply

&#x20;                                           **8000 $HOPE DEFINITIVE CIRCULATING SUPPLY\_**

![](https://1568639419-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FFqR9fc1338W5SsMMxPWp%2Fuploads%2Fjt2vahwZ5F37TWPWqufa%2Fburn.jpeg?alt=media\&token=47d61ad2-78d1-45a0-820e-031e92bcd76b)
