Are we transaction burning with apps on main net yet?

Question

Are we transaction burning with apps on main net yet?

What is inflation rate these days of Reef? Axs just had to do a major change to tokenomics because the burn rate was failing to keep up with the earn rate. They said it is the only way to prevent a total collapse of the economic system. I see this as a warning signal for Reef because I don't think transaction burning is sufficient yet?

#cryptocurrency #de-fi #english #reef

0

06.02.2022

5 ответов

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Bene Richi

Its not sufficient yes. Its obvious from the beginning of the Reef project that there will be a time where the blockchain needs to run 100% that other projects can build on it. In this time we are right now and the first year is most likely the year with the highest inflation.

0

06.02.2022

Grant Автор вопроса

Bene Richi
Its not sufficient yes. Its obvious from the begin...

Could supply reduction or less staking rewards decrease or offset the lack of burning, I get that this is a balance to keep validators rewarded and the chain running but I see so many early retail investor being disappointed from the initial Binance launch price they are unlikely stick around and support the future chain?

0

06.02.2022

B Win

Bene Richi
Most or almost all NFT games are inflationary as h...

Yeah but i think ufo gaming is doing it all differently..reef should get them on for nft’s

0

07.02.2022

M4gnata°•°

Bene Richi
Most or almost all NFT games are inflationary as h...

For dapp to come to the reef platform, the reef has to launch reefPad because without reefPad the dapp won't run! If the dapp doesn't run, it doesn't have to burn!

0

07.02.2022

Bene Richi · Accepted Answer

Bene Richi

Most or almost all NFT games are inflationary as hell, people need to play more and more to keep the ecosystem alive. In our case its different, the APY will decrease naturally over time and more dapps will come which will cause a higher burn.

0

06.02.2022

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Are we transaction burning with apps on main net yet?

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