What needs to happen is that the money that goes to the HBD stabaliser needs to be redirected to buy coins on Binance and burn them.
Lots of coins are doing the burning strategy - both Ethereum and BNB burn transaction fees for example.
What needs to happen is that the money that goes to the HBD stabaliser needs to be redirected to buy coins on Binance and burn them.
Lots of coins are doing the burning strategy - both Ethereum and BNB burn transaction fees for example.
Interesting idea, but the stabilizer is quite important. Maybe a new proposal? Also it would have to be rather a lot to make some sort of impact as Hives volume and supply is in the millions.
On the other hand I am not sure if burning makes much of an impact - one could also argue that inflation, when put it in the right hands, could be just as beneficial as that could ignite more demand when it's usage increases
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