Post
Topic
Board Altcoin Discussion
Re: Deflationary Tokens
by
SeanCasey
on 25/06/2020, 11:39:02 UTC
The question should be where does tokens burnt come from? Are they bought from exchange if yes then there's room for price growth as supply is being reduced. If such token models can create utility for their projects, token burn will create scarcity and price will be up for everyone invesiin it.
They're usually burning a % of every on-chain TX. Some have dapps that require keeping coins tied in a smart contract. Some pay dividends too