Quote from: Teraboy on September 22, 2022, 11:45:44 PM

Quote from: serjent05 on September 22, 2022, 09:05:41 PM

Quote from: zasad@ on September 22, 2022, 03:27:07 PM

https://terrarity.io/analytics/lunc-burner
Check out these burning statistics. If they burn 59 billion coins in 5 years, then staking new coins will generate 10 times more coins. This is a pointless operation, and constant incineration commissions will not allow new projects to develop in this ecosystem. I see a dead end.

Isn't it already dead end for LUNC and LUNA?

It's not dead yet. LUNC was still being pumped by the whales caused by the burn. I saw that this is the only thing that gives hope for all of them. LUNC was doing burn mechanism but it's also doing staking reward that will be giving more tokens to the stakers.
There are trillions of tokens in the market. I saw that even people hyped the coin caused by only 300 millions burn LUNC in a day which is very small.

Where did you find the figure of 300 million LUNC per day?
For September 22, the data is 410 million LUNC.

You need to make a deflationary ecosystem to burn billions of tokens, for example, as SF does in Ethereum. So that the number of burned tokens is much greater than the number of tokens that the validators receive.