Re: ANN: ELIXIR (ELIX) Mobile Lending App Announced (ELIX On CoinExchange)

Still only 9M approx ELIX circulating supply. If we added another 1 or 2 exchanges, it should go easily 5k sats. If Bittrex, 25k. The website http://www.elixirtoken.io/ is good. Lending app dev looks interesting...

Monaco (MCO) has a 9.8M circulating supply and is trading at 0.00243261 btc

Bittrex isn't going to happen. But if we can get at least cryptopia, livecoin and liqui we'd be good. This project is definitely undervalued. But the question is by how much. People keep dumping just to make a quick buck and don't even support the project itself. This project has a lot of potential and 2 of the hardest working devs that anyone has ever seen.

Can you tell me something about the devs?

Yes, they are constantly working on this project and posting updates on these forums along with answering questions from the community.

Ok thanks so far.

Can you (or someone else) explain me about the circulating supply and the total supply?
How is it arranged? And for example: Will there be a burn?

That's a great question, I'm not sure if tokens will or can be burned during the lending process. This is more of a question for the devs. However burning the tokens would be great and it would help increase the value for sure. If there's no plans on burning tokens yet, hopefully the devs will consider it and develop a method for doing so in the near future.