Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ERC20] Glare Token | A DeFi Token backed by Ethereum with built in CD's
by
sukoyomi
on 05/04/2020, 17:37:17 UTC
How does increasing it's supply results to overall increase in the token's value?
As far as I know, without huge demand, increasing a token's supply would only result to a significant drop in its market value.
Obviously makes no sense, the concept is exactly opposite of what usually happens, people even prefer to reduce supply per period, in order to increase the value of tokens, for me this one seems trying to defying natural law. I hope this is not a despair from people who have lost a lot.