Blog Posts

How Supernovas preserve the value of STARS token holders

Mogul STARS | NFT | DeFi | DeFiFi

Mogul is always thinking of new ways to reward STARS token holders and preserve its purchasing power. 

STARS tokens are used to buy NFTs on the Mogul Marketplace, redeem exclusive rewards, gain early access to new NFTs, and shape the Mogul community and metaverse.

Buying Mogul NFTs with STARS also rewards buyers with discounts and lower gas rates. 

Every time STARS are used for in-app activities, Mogul destroys a portion of the STARS used to complete the action.  

That includes:

Purchasing limited-edition NFTs that are only made available to STARS holders

Purchasing rewards with STARS

Submitting scripts for Mogul’s review

Here at Mogul, we call it a Supernova when a portion of STARS are permanently taken out of circulation, or burned.  

Supernovas help maintain the value and quantity of the STARS currency in circulation, as well as protect and reward our community of token holders.  It’s a credit cancellation process. Supernovas are scheduled to occur on the third Friday of every month and more may be added as circumstances allow.

Fun fact:  A supernova is a powerful and luminous explosion of a star. It’s a transition stage of a star’s life cycle where the astronomical event occurs at the last stage of the star’s life. At Mogul, a supernova means we’re removing STARS tokens from circulation permanently 🔥

For more information on Supernovas…

Beginners Guide to Buying STARS

Guide to Buying STARS on MEXC

Guide to Buying STARS on MEXC (Video)

How to buy STARS on ApeSwap (Video)

How to buy STARS on BitMart (Video)

How to buy STARS on UniSwap (Video)

How to buy STARS on PancakeSwap (Video)

Guide to Acquiring NFTs on Mogul Marketplace



The views and opinions expressed or held by artists, actors, musicians, producers and filmmakers engaged with Mogul Marketplace in any way, are those of each individual. They do not necessarily reflect the official policy or position of Mogul Productions. Any content or comments provided by artists, actors, musicians, producers and filmmakers on the Mogul Productions Marketplace from their personal social media or public interactions, are of their own opinions, and are not intended to adjoin Mogul Productions against any religion, ethnic group, club, organization, company, individual or anyone or anything.

Share this article

Get in on the (lights, camera) action. Make moves in movies.