Post
Topic
Board Announcements (Altcoins)
Re: [ANN][Exchange] Unitrade - a DeFi Exchange Platform
by
baejooh12
on 28/08/2020, 13:20:27 UTC
What is the purpose of burning coins actually? Does it really give benefits and positive impact to the whole ecosystem? If so, in what sense?

as far as i know, burning reduces supply. vanity or not is subjective imho. additionally, in this case you will get eth rewards from the burning as well. individuals able to argue that staking is a vanity function, especially when you can unstake at anytime with no unstaking period.