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Rodney-Bryant

Hi. Sorry for the basic question, but why and how

does DFI get burned? I see that recently it has been deflationary but don't understand why. Thank you

#blockchain #cryptocurrency #defichain #english
0

5 ответов

28 просмотров
Ronnie-Long

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

0
03.05.2022
Spencer-L

Some of the DFI gets burned when masternodes mint blocks, and other various times such as creating a community proposal, during auctions, etc.

0
03.05.2022
Rodney-Bryant Автор вопроса
Spencer L
Some of the DFI gets burned when masternodes mint ...

Thanks Spencer. Is that all in the docs?

0
03.05.2022
Spencer-L
Rodney Bryant
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.

0
03.05.2022
Rodney-Bryant Автор вопроса
Spencer L
I gathered this information over time by looking a...

Wouldnt a link to Docs be standard and simple? Am I missing something?

0
03.05.2022

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