Post
Topic
Board Tokens (Altcoins)
Re: [ANN] LOTEO - Digital Era Lottery | Lottery needs a revolution!
by
sapta
on 27/06/2019, 15:56:44 UTC
I hope the development of Loteo in the future will be as successful as its sales and Loteo can soon enter various exchanges

You'd be surprised. Just wait.

Quote
5,000,000 tokens will be burned, will it be enough to help stabilize prices later?

There will be a quarterly burning event which will bring down the total amount of the tokens to 100 Million only.

So now it has only been burned 5,000,000 OEOs and then in the quarter it burned 100 million?

If you can stabilize the price of food, it will be better in the future.

If you take a look at this article: https://medium.com/loteo/unique-token-structure-a356d43c6fe2 we know that 400 Million is the total supply of the LOTEU tokens. Every quarter, Loteo will burn 20% of any LOTEU tokens used  in the platform, until the total supply reach the final number of 100 Million.



Also don't forget that LOTEU is now listed on eterbase.exchange and the team will support the price.