RE: A different approach to burn....

avatar

You are viewing a single comment's thread:

burn means sending the tokens to null. that reduces the amount of tokens in circulation. which intern helps to stabilise price of the token. This again depends on how much new tokens are minted and how much is dumped in the market to sell.

hive-150329 alive ctp bbh indiaunited neoxian pob oneup inleo hive-engine hive-150329
0
0
0.000
5 comments
avatar

Is there any post with all these concepts. I don’t want to ask you lots of questions every time

0
0
0.000
Reply
avatar

i don't think there is one post on Hive engine related.
i am happy to answer your questions, but please be aware that sometime there will be a delay in replying back.

0
0
0.000
Reply
avatar

What’s sending the tokens to null?

0
0
0.000
Reply
avatar

i am currently manually sending the tokens from token.burn to null account.

0
0
0.000
Reply