The Web3 Project WhitePaper

The Black Hole (TBH)

Once you are in, there's no getting out.
1% of all $TWEP traded is thrown to The Black Hole (TBH). The more that is traded, the more that gets put into the hole causing the black hole to grow in size, larger and larger through self-fulfilling Auto-Compounding, reducing the circulating supply and keeping the Web3 protocol stable.
The other benefit to an everlasting burn of circulating supply is that due to the deflationary nature of it, equates to a higher value of each $TWEP token, therefore increasing the individual value.
another image from Google