To be honest I havent looked that closely at it. To me, I think I would have tried to create a better way to switch the system. Burning money is not a good idea in my view at the base layer. Can only lead to further liquidity problems.
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When they go to Proof Of Stake going to be huge liquidity issues
That was my thought. If you are going to run a system and get a ton of users on it, they need money to operate. Burning it means liquidity issues.
But then in crypto people only understand burns and lower the float. They think it is stock.
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Yea, I'm not so sure about that strategy either. I'm curious to see how this will play out in a year or so
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