Why burning tokens is an added advantage.
04 Nov 2021, 13:09
Why burning tokens is an added advantage?🤩
🚀 This process permanently removes tokens from circulation, creating a deflationary effect that boosts a token’s valuation, by incentivizing and rewarding token holders. This win-win situation can contribute to price growth.
$LDFI 🚀
Same news in other sources
1
04 Nov 2021, 13:54
Dear Community,
We are pleased to announce that 20 million LDFI tokens have been burned using transaction fees as planned in the Lendefi protocol. 🔥🔥
Why does the burning of tokens provide an added advantage? 📚
This process permanently removes tokens from circulation, creating a deflationary effect that boosts a token’s valuation, by incentivizing and rewarding token holders. This win-win situation can contribute to price growth.
Reply, Retweet, Like: ✅
Keep Supporting! ❤️
🌐 Website: lendefi.finance
🌲 Linktree:
🌏 Global TG:
🗣 Twitter:
📋 Medium:
Dear Community,.
Dear Community,
We are pleased to announce that 20 million LDFI tokens have been burned using transaction fees as planned in the Lendefi protocol. 🔥🔥
Why does the burning of tokens provide an added advantage? 📚
This process permanently removes tokens from circulation, creating a deflationary effect that boosts a token’s valuation, by incentivizing and rewarding token holders. This win-win situation can contribute to price growth.
Reply, Retweet, Like: ✅
https://twitter.com/lendefi_io/status/1456247941098659840?s=20
Keep Supporting! ❤️
🌐 Website: lendefi.finance
🌲 Linktree: https://linktr.ee/lendefi
🌏 Global TG: https://t.me/lendefi_io
🗣 Twitter: https://twitter.com/lendefi_io
📋 Medium: https://lendefi.medium.com