Post
Topic
Board Altcoin Discussion
Re: Burning of the XLM supply
by
alyssa85
on 06/11/2019, 00:10:40 UTC
Half of the XLM supply is gone. The team has burned about 55BXLM, do you think this is a good step for the tokenomics
https://www.coindesk.com/stellars-foundation-just-destroyed-half-the-supply-of-its-lumens-cryptocurrency
For me, does supply really have much impact on token price? Token demand is crucial regardless of the supply number
Just read about it now and i decided to share

It's only good if wins publicity and attracts people to buying some of the remaining stellar. Otherwise it's a useless gesture.