activated?
All activity on Reef chain, such as minting or selling NFTs, trading tokens and transacting on chain has associated fees. REEF from the transaction fees is burned. We are a young blockchain and we don’t have that much transitions currently but we are growing and growing. More dapps will cause more transactions..more transactions will cause more burn. That simple.
The number of reefs is getting too high, I don't want to be under an avalanche.
Thats your opinion. I explained that the ecosystem is growing and then the supply will be more stable. Inflation has already dropped from 9.1% to under 6%. So thats very good.
We really need it(stability in supply).
📆Date: 23.07.22 🔄Total Supply: 19b 759m 972k 🆕New coins from yesterday: 1m 306k 🔒Locked coins: 5b 881к 251 🔐Changes: + 216k locked 💵Price: 0.00395$
I think later on, reef tokens will be used for supply circulating in parachains, which means a significant reduction in inflation. I could be wrong.
how does parachains work ??
Para chain is used by polkadot , that's they original ecosystem .... Reef burn implement in transaction, every transaction Fees will be burned by system...that's will reduce supply little bit...
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