Waves on chain, https://wavesonchain.com/
https://wavescap.com/asset/XTN https://neutrino.at/stats
How is the XTN tokenomics working recently? I want to know how they are minted, burned, and collateralized. I think I am not up to date about it. Let me know if there is a document. A simple explanation would be appreciated as well.
Collateral is little now, but have a lot of wx if wx mooning we have bigger collateral. No minting now, only burn(now is 17% yearly burn on total supply, but the a 80% of supply is non-circulating). Follow the chart on wavescap. Lot of xtn in vires vesting, this daily 200k xtn unlocking to market
The target and actual collaterals are very different. I don't know if more XTN is being bought as the price low now. Everything is unclear right now. And I don't know what the talk is about depleting the collateral? Does that mean it will become algorithmic, which sounds very risky. I would need to read a blog post on what is going on, not this occasional information.
Lower XTN price increases miners buyback and burn. 2880 WAVES are used for the buyback every day, WAVES/XTN price at 71 = 204480 XTN burned every day
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