Post
Topic
Board Announcements (Altcoins)
Re: [ANN] EDC Blockchain - global platform with its own cryptocurrency
by
cryptozoya
on 23/08/2019, 15:12:43 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.

Price of the tokens depends to much from the market conditions. If cryptocurrency market falls usually the price of the tokens falls and team of the projects can do nothing with it.