how often does these burns occur and is it the platform fee that is used to buy back and burn? And what will the final supply be? Thanks!
This should answer your questions ;) https://medium.com/venusprotocol/venus-tokenomics-proposal-final-version-cc9afb51bdb7
Great article! If coinmarketcap is correct, the circulating supply is just above 12m. What will be the final totalsupply eventually?
Great article! If coinmarketcap is correct the circulating supply is just above 12m. What will be the final supply eventually?
This will depend on the price long term which will directly impact how much XVS is bought back and what's done with them and how haha. There's a lot of factors in play.
Most likely early July, end of Q2 for buyback and burn. You can read tokenomics
Sorry :) if you read the tokenomics article you know it is hard to predict but what is known is that BNB reserves were not used this quarter and will be used in Q2, so it looks like a big buyback burn is waiting for us
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