Logically the introduction of xmdx is a burn mechanism for

Question

Logically the introduction of xmdx is a burn mechanism for

mdx

Max supply of xmdx would nvr exceed 6.475 billion xmdx assuming everyone stakes for 365days.

(1b mdx max supply) × (6.475 max staking weight) = 6.475 billiin xmdx

Burning mechanism. This would lead to mdx stuck in staking forever

- Sending xmdx to a different wallet n losing access to tht wallet

- sending xmdx to a contract address .... i did this mistake ...bought some xmdx n by mistakenly sent some to binance address....xmdx lost forever

- many users who hav not locked mdx in staking are buying xmdx inorder to use n participate in IMO n dao. Are they ever gonna sell?

Xmdx is only minted when someone locks mdx in any of the staking options. Assuming everyone locks using the max weight then we can say max xmdx supply can nvr exceed 6.475billion xmdx

There is going to be a time where demand for xmdx would be very high thus driving itz price up

Xmdx tokenomics
Max supply = 6.475 billion
Circulating supply =
Contract Address =
Asset is strongly deflationary