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CryptoGlobe 2021-03-24 21:19:00

Let it Burn – Why Token Burns Are Seen As a Good Thing

Although it sounds quite aggressive, there is no actual fire involved with token burning. Instead, it involves taking a certain number of tokens out of circulation with the purpose of boosting the scarcity and potentially the value of the tokens remaining. Burning tokens and coins is effectively a deflationary mechanism which doesn’t hurt holders of […]

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