No one talks about inflation rates in a bull market.

Question

No one talks about inflation rates in a bull market.

Everyone just happy. But consider these yearly inflation rates:

$AVAX: 39%
$DOT: 10%
$EGLD:19%
$SOL:10%
$MATIC:13%
$CELO:43%
$UNI:47%
🌖 $LUNA:🥇deflationary since 2019🥇

What makes $LUNA valuable?

1. You are helping secure the network when you stake it & you get 10.8% annual return;
2. LUNA is deflationary, which means that decrease in supply could drive prices up;
3. The more $UST is in demand, the more valuable LUNA becomes.

~70% of $LUNA's circulating supply is staked and that's without inflationary tokenomics.

All yield paid out to $LUNA stakers is paid out from network transaction fees, *no new $LUNA issuance*. This is a huge differentiator from nearly all other chains.

In the last *4 months*, ~1M $ETH has been burned (~0.83% of circulating supply).

In the last *week*, ~9M $LUNA has been burned (~2.3% of circulating supply).

Scarcity drives prices up!

$LUNA has the best tokenomics design in all of Crypto and no one can argue with that.

It's a fundamental masterpiece.

#blockchain #cryptocurrency #english #luna

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01.12.2021

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Luca · Accepted Answer

Luca

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01.12.2021

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No one talks about inflation rates in a bull market.

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