Post
Topic
Board Announcements (Altcoins)
Re: Eureka Coin
by
qiwoman2
on 04/01/2020, 22:47:08 UTC


How often does token burning happen? What determines the number of coins burned?


Token combustion takes place automatically. No one knows when it will happen to avoid price manipulation


Does the amount of tokens burned depend on the capitalization of the project?

Every time there is a buyback and burn, 50% of net profits coming from Polaris Universal, or the PARENT COMPANY, go to buy EUREKA COINS and then they are burned. They didn't do a huge ICO, they didn't need to because the buybacks come from the sales of various products and services, along with live real trading as well from FX AND CRYPTO traders. Those buying Eureka now cheap, benefit form the diminishing supply that is coming from these buyback and burn parties.