Can someone explain why my 4 billion coons keep adding

Question

Baby Doge Coin

Faith

Can someone explain why my 4 billion coons keep adding

up but dollar value doesn't change much?
Is it becaofthe amount of zeros?

#babydoge #cryptocurrency #english

0

24.10.2021

7 ответов

9 просмотров

Faith Автор вопроса

Reflections Baby™
tokenomics, www.babydoge.com

Please explain 🤔 What do I do on there?

0

24.10.2021

BraveHrt

Faith
Please explain 🤔 What do I do on there?

How does the auto-burn function work? Every holder (besides BDF’s wallet) gets reflections from every transaction. The amount of reflections distributed from each transaction is 5%. The tokens are distributed based on the amount of tokens you hold. If you hold 10% of the overall tokens then you would get 10% of 5% of every transaction. If you hold 2% of the overall tokens then you would get 2% of 5% of every transaction. The burn wallet currently has about 37.32% of the tokens so it gets 37.32% of 5% of every transaction which amounts to about 1.866% of every transaction

0

24.10.2021

DeMatt™

Faith
Please explain 🤔 What do I do on there?

We burn on every transaction, transfer and a scheduled monthly burn on 1st of every month. Our current burned rate within 4 months is at 37.53% so think about the next few months to a year from now.

0

24.10.2021

David

DeMatt™
We burn on every transaction, transfer and a sched...

At what point does the burning stop because it can't carry on forever right?

0

24.10.2021

Faith Автор вопроса

DeMatt™
We burn on every transaction, transfer and a sched...

👍

0

24.10.2021