does DFI get burned? I see that recently it has been deflationary but don't understand why. Thank you
Burned means it is sent to an address that nobody has the key to. So once it's there it can never go anywhere else. Combine that with the fact that only a fixed amount of new coins will ever be issued, that makes the coin deflationary
Some of the DFI gets burned when masternodes mint blocks, and other various times such as creating a community proposal, during auctions, etc.
Thanks Spencer. Is that all in the docs?
I gathered this information over time by looking at Reddit and Telegram posts, the docs will not list all of the burn methods. One issue we are trying to solve is making this type of information more readily accessible and having a fast and easy way to get it.
Wouldnt a link to Docs be standard and simple? Am I missing something?
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