You are viewing a single comment's thread from:

RE: Aiming a 50% burn rate

in #tribes • 13 days ago

I think it is a good goal, and the burns do help to maintain the LEN price.

13 days ago in #tribes by
100%
    -100%

      Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

      • Disagreement on rewards
      • Fraud or plagiarism
      • Hate speech or trolling
      • Miscategorized content or spam

      Submit
      0.00 ARCHON
        2 votes
        Reply 1
        Sort:  
      • Trending
        • [-]
         13 days ago 

        In a way we could have said that we don't burn and we only min 50% of the tokens but this gives less flexibility. We can adapt the burn rate according to the income than we generate and it takes into account the tokens that are 'blocked' on inactive accounts.

        100%
          -100%

            Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

            • Disagreement on rewards
            • Fraud or plagiarism
            • Hate speech or trolling
            • Miscategorized content or spam

            Submit
            0.00 ARCHON
              Reply