currently. When, real advances?
The team are currently working on all aspects, kindly stay tuned to our announcement channel.
Pls what is the current burn mechanism and schedule?
The first MDX halving on June 5, after 138 days of operation, reduced new daily supply from 4.6 million to 2.3 million MDX. Since the first production cut, the production cut cycle has been shortened i.e. the deflation process has been greatly accelerated. After the 20th production cut (every 90 days) on February 9, 2026, total MDX circulation will be below 458 million. Coupled with repurchase and burn, MDX’s economic model will form strong deflationary expectations, providing support for its long-term currency pricestability.
🤔this your response seems to be about the block reward halving. I want to know MDX is being burnt. And how did you come up with the 458 circulating supply in 2026?
Any announcement about board room apy😔
@christoshi this is how the burn takes place.
I'm not sure if you're deliberately ignoring my question or you don't understand it. What I am asking how did you arrive at the 458 million total supply by 2026? Secondly, the announcement you linked only stated how many MDX was burnt, I am looking for information on how the amount to be burned is determined.
@christoshi I hope you read the complete thing here!
Block reward halving is the same thing as burn?
The first MDX halving on June 5, after 138 days of operation, reduced new daily supply from 4.6 million to 2.3 million MDX. (HALVING) Since the first production cut, the production cut cycle has been shortened i.e. the deflation process has been greatly accelerated. (HALVING) After the 20th production cut (every 90 days) on February 9, 2026, total MDX circulation will be below 458 million. (HALVING) how did you get to the 458 million figure?
Let me check if we have a detailed one.
Everything in the post you quoted is talking about halving. I want to know how the burn mechanisms works.
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