If I'm reading this right, the primary purpose of FLUX is to be burned to get the 10x multiplier to get more FLUX? What are the other use cases for FLUX outside of this? I understand DAM's use case as being the mechanism that produces FLUX through locking... but that mechanism assumes that FLUX has underlying value or some natural reason that people would want to use / buy it.
Right now you're basically describing a two-tier ponzi system. Is there something that I'm missing that can be clearly explained?
-
Where is the actual use case aside from this burning strategy?
Burning alone will not give the results that you are aiming for this project.
Many projects tried to showcase that burning technique will give them good value in exchanges.
But it's not, you need to find solid application in the market.
Otherwise, this will be another dead project soon.