Post
Topic
Board Announcements (Altcoins)
Re: [ANN] EDC Blockchain - global platform with its own cryptocurrency
by
PlayInfinity
on 23/08/2019, 13:45:42 UTC

Usually, if bought tokens are burned, then they are no longer printed, and since new tokens are constantly appearing, this makes no sense.
This is not true in every case. They can burn a large number of assets. The speed of issuing new assets due to LPoS can be slow. Thus, the price is temporarily saved.

As I understand first EDC Blockchain first buyback tokens from the users and then it burn tokens.