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Why is my burning not effective, is it not fully

activated?

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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.

Mehmet-Cigdew Автор вопроса
Bene Richi
All activity on Reef chain, such as minting or sel...

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.

Bene Richi
Thats your opinion. I explained that the ecosystem...

📆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$

Bene Richi
Thats your opinion. I explained that the ecosystem...

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.

Karz_fx
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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