Each burn not only reduces supply but also supports eco-friendly initiatives, making our model not just about scarcity, but about driving sustainable change.
How is the even remotely possible to support eco-friendly initiatives? Is this PoS only coin?
Plus, 2% is a massive number! Why not simply burn the tx_fee? Still deflationary, similar to other coins and not 2%.
Thank you for your question! Quantum uses a unique deflationary model, which is not limited to PoS. Our coin-burning mechanism is specifically designed to support eco-friendly initiatives, where part of the resources saved is directed towards real-world environmental causes. The 2% annual burn is carefully calculated to ensure long-term growth and sustainability. Burning just the transaction fees wouldn't provide the same level of impact or support for our environmental goals.