Why burning matters!

Why burning matters! by @ctpsb on 3Speak

▶️ Watch on 3Speak --- During the past weeks, we have tried to implement a sustainable burning mechanism for CTPSB. In the video, I explain why it makes a lot of sense to burn tokens like CTPSB bec...

Tags: #proofofbrain #tribes #aliveandthriving #cent #pimp #slothbuzz #archon #neoxian

Comments

@ironshield: Good explanation. Thank you. It's good seeing the real world based theoretical numbers of return with vs without burning.

@jfang003: It's a good explanation. I tend to think of it more as supply and demand. It depends on how much the inflation happens to the value backing the token. In the case of CTPSB, I think any bought would go directly into HP. So that value per token doesn't really go down and burning will just help reduce the amount of CTPSB circulating.

@edgerik: Thanks for the news. !WINE

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