@Lother23 Mate, you should understand that being deflationary isnt the

Question

@Lother23 Mate, you should understand that being deflationary isnt the

reason why bnb is successful. The token was launched by the most successful company in crypto so far. They already had a lot of users using their exchange before the token. (By the wat, you should know that Binance itself has invested in INJ. Do you think they consider our tokenomics "poor"?)

Just burning tokens for no reason is not what makes a project successful. Look at Ethereum, Solana, Polkadot, for example. What we need is adoption, real users and devs creating products on Injective. This will come, once it gets here, Injective will probably burn more tokens than BNB due to our tokenomics (But this will not be the only thing that drives our success).

I think you should educate yourself a little more about POS.

#cryptocurrency #english #injective

0

06.08.2022

8 ответов

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Bojan Angjelkoski

This is also not true

0

06.08.2022

M.S

Bojan Angjelkoski
This is also not true

Validators can be paid by the fees collected on the chain, delegators can get a small portion of that…. And that is how BNB do it… in the past 4 years they have never minted a new token to pay anyone. On the contrary, they are becoming more scarce as the years go by.

0

06.08.2022

Bojan Angjelkoski

M.S
Validators can be paid by the fees collected on th...

That is because they run the three validators BNB chain has, its worthless for them to mint rewards, they’ve set the inflation to 0.

0

06.08.2022

Dyego 🪐 Автор вопроса

M.S
Validators can be paid by the fees collected on th...

What do you think it will happen once BNB supply gets to 100M? Will the tokenomics on BNB still be "perfect"? There won't be burns anymore.

0

06.08.2022

M.S

Bojan Angjelkoski
That is because they run the three validators BNB ...

They have over 21 validators. And they make it work in ways other can only imagine.

0

06.08.2022

M.S

Dyego 🪐
What do you think it will happen once BNB supply g...

You’re still misinformed my friend, they two burn mechanism, one ends, the other one is forever

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06.08.2022

Laura D H

M.S
I apologize, but other POS chain tokens don’t have...

Very true and one thing to put into consideration is the effect it has on the chain in a long run

0

06.08.2022

M.S · Accepted Answer

M.S

I apologize, but other POS chain tokens don’t have to mint new tokens to pay people, people already have that conversation. Minting new tokens is a choice, not a permanent law for the chain to work.

0

06.08.2022

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@Lother23 Mate, you should understand that being deflationary isnt the

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