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RE: The Fallacy Of Token Burns And How It Affects Economic Growth

in LeoFinance2 years ago

While I think that tokens burns might help with asset scarcity, the root cause of that is the huge supply that some projects have. Throwing billions of tokens out in the open while the project is not scalable and can capture just a small portion of the market with its use cases is the one thing that should be corrected. If that would be done, nobody would use burning mechanisms as those wouldn't be needed in any way.

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