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Ocean Protocol 🌊 Ocean Protocol 🌊
Venkatasambashivarao-

When is buy back?

#cryptocurrency #english #ocean
0

6 ответов

17 просмотров
KreigDK | Never DM first🌊-

The Ocean Protocol implements a buy-and-burn mechanism to reduce the supply of OCEAN tokens permanently. This is a common economic strategy used in cryptocurrencies to create scarcity, potentially increasing the value of the remaining tokens. This mechanism works with every transaction

0
8 месяцев назад
Venkatasambashivarao- Автор вопроса
KreigDK | Never DM first🌊
The Ocean Protocol implements a buy-and-burn mecha...

Till now how many tokens burned?

0
8 месяцев назад
KreigDK | Never DM first🌊-
Venkatasambashivarao
Till now how many tokens burned?

As of September 2023, approximately 1.4 million OCEAN tokens have been burned.

0
8 месяцев назад
Venkatasambashivarao- Автор вопроса
KreigDK | Never DM first🌊
As of September 2023, approximately 1.4 million OC...

So 1.4 million tokens were burned out of 1.4 billion tokens. And continue process of burning. So could you please confirm that there is no upcoming ocean unlocking?

0
8 месяцев назад
KreigDK | Never DM first🌊-
Venkatasambashivarao
So 1.4 million tokens were burned out of 1.4 billi...

There will not be a next release for the token as all tokens have already been minted, and approximately 720 million OCEAN are allocated towards data farming and network rewards)

0
8 месяцев назад

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