And where can i find more information about the tokenomics?

Question

Syscoin Official

G2021TG

And where can i find more information about the tokenomics?

#cryptocurrency #english #syscoin

0

29.12.2023

3 ответов

13 просмотров

G2021TG Автор вопроса

function(0x){Marki} | Syscoin | Rollux 🇪🇸🇮🇨
Syscoin is a blockchain, and its cryptocurrency, S...

Thank you!! and does the team has any promotional plans for the upcoming bullrun to gain more attention? Its a token with huge potential i think. But not to much attention.

0

5 месяцев назад

function(0x){Marki} | Syscoin | Rollux 🇪🇸🇮🇨

G2021TG
Thank you!! and does the team has any promotional ...

Of course there are plans, but they can't be revealed before they start. We cannot afford to give advantages to others who try to frustrate them.

0

5 месяцев назад

function(0x){Marki} | Syscoin | Rollux 🇪🇸🇮🇨 · Accepted Answer

Syscoin is a blockchain, and its cryptocurrency, SYS, is mined through merged mining with Bitcoin. It is important to note that the team has no control over the new SYS being mined, as miners and validating nodes receive rewards for each mined block, and all circulating SYS is the result of this process. Unlike other projects that may manage distribution according to their tokenomics, in the case of Syscoin, the supply is dynamic. Every time a new block is mined, new SYS is generated. However, the implementation of EIP-1559 has a significant impact, as part of the fees are burned, helping to control and reduce inflation. At times, the SYS economy has even experienced deflation. In summary, the SYS supply dynamics are driven by mining and fee burning, contributing to its dynamic supply characteristic.

209 похожих чатов

And where can i find more information about the tokenomics?

3 ответов

Похожие вопросы