Well burning tokens helps the token price because it reduces the circulation of it even if it’s just a few dozen tokens. That’s a few dozen more that will never be bought or sold. It’s a good way to keep the price of something at a reasonable level to control the scarcity.
Well burning tokens helps the token price because it reduces the circulation of it even if it’s just a few dozen tokens. That’s a few dozen more that will never be bought or sold. It’s a good way to keep the price of something at a reasonable level to control the scarcity.
i almost forgot about this burning tokens you make perfect sense
I never saw it from this angle. It's all good then.
Yeah just requires a little shift in thinking!