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Kyan-

Can fees burnt outweigh the 5% inflation?

#blockchain #cryptocurrency #english #moonbeam
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turrizt |NEVER DM YOU FIRST-

Fees on Moonbeam related to transactions and smart contract execution will be handled in two ways. 80% of the spent fees will be burned, which acts as a deflationary force and accrues value to existing GLMR holders based on increased utilization of the network. 20% of the spent fees will go to the on chain treasury which can be allocated via onchain governance to projects and initiatives which further adoption and engagement with the network.

0
18.11.2021

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