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Lionel-

$XVS is deflationary or inflationary token?

#blockchain #cryptocurrency #english #venus
0

17 ответов

19 просмотров
🅳🅰️🅽🅽🆈 BD Lead |Vanguard Team Lead | Venus Protocol-

None. Fixed supply but. There's a wallet on Venus 'unofficially' burning XVS Tokens every day... (He his mining a lot of XVS Rewards but won't ever be able to claim them as he is blacklisted). So in a way, we're kind of deflationary haha.

0
06.06.2023
Lionel- Автор вопроса
🅳🅰️🅽🅽🆈 BD Lead |Vanguard Team Lead | Venus Protocol
None. Fixed supply but. There's a wallet on Venus ...

What is the main trigger of the price movement in this Project?

0
06.06.2023
Lionel- Автор вопроса

Sorry maybe I changed the question to this, is this token is defi projects?

0
06.06.2023
🅳🅰️🅽🅽🆈 BD Lead |Vanguard Team Lead | Venus Protocol-
Lionel
Sorry maybe I changed the question to this, is thi...

Lol. I'm not sure how you landed in this group if you don't know what Venus is. We are a DeFi project yes. We are the biggest lending & borrowing platform in the BNB Chain ecosystem.

0
06.06.2023
Lionel- Автор вопроса
🅳🅰️🅽🅽🆈 BD Lead |Vanguard Team Lead | Venus Protocol
Lol. I'm not sure how you landed in this group if ...

Sorry I was buying this token before doing any research 😂

0
06.06.2023
Deniz-
Deniz
over 100k 👀

102926.5627 XVS exactly :)

0
06.06.2023
Lionel- Автор вопроса
🅳🅰️🅽🅽🆈 BD Lead |Vanguard Team Lead | Venus Protocol
hahaha no worries lol. You came to the right place...

So when people borrow the money the need to buy the token first?

0
06.06.2023
🅳🅰️🅽🅽🆈 BD Lead |Vanguard Team Lead | Venus Protocol-
Lionel
So when people borrow the money the need to buy th...

No, not mandatory, you can stake or borrow any assets supported by Venus even if you are not a XVS holder but being a XVS Holder will give you nice perks. Especially with our upcoming SoulBound release.

0
06.06.2023
Lionel- Автор вопроса
🅳🅰️🅽🅽🆈 BD Lead |Vanguard Team Lead | Venus Protocol
No, not mandatory, you can stake or borrow any ass...

Thanks for answering my silly question, but is helping me a lot to understand more about this Token 😄🙏

0
06.06.2023
Deniz-
🅳🅰️🅽🅽🆈 BD Lead |Vanguard Team Lead | Venus Protocol
None. Fixed supply but. There's a wallet on Venus ...

A small but important note: That wallet is burning XVS tokens every day from Circulation Supply ! Thats the juicy part :)

0
06.06.2023

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