Hey there, this is Lucky Ali, and today is 23 February, and I'm sharing a post after a long time because I was busy with family-related things. When you closely watch The SPS burn, especially from the sps burning system being introduced, and it is not long ago, but it is a short period, and during this period, around 100k sps tokens have been removed permanently from the supply. Can you see that? I am saying 100% true that the 100k sps token has been removed from the supply, and this is not a small thing.
It is a big but not for everyone. However, right now there is no major reason for the sps burning, and I think this is a positive thing, especially for the long-term Growth of the sps token. Obviously team is building, and Utility is the most important thing. On the other side burning mechanism also impacts a lot on the price, and that is what is happening here with the SPS token And I believe this number will grow. There is a burning mechanism that is connected to the glint rewards, and not everyone understands that. player will slowly Learning about it, and time by time players will become familiar with System So the sps will only increase, So the Look like promising in the burning mechanism.
And I am thinking that the team will introduce some more mechanisms for the burning, and I don't have any hidden update regarding that, but something is going on a team will soon introduce new things regarding this matter. And the player will burn more sps tokens. This is what we want. Because time by time, there are events that always come in the splinterlands and that time playr get the opportunity to burn sps So I'm talking about that type of thing. So, I have seen that Splinterlands events provide great rewards to the investor. We can expect something positive, so obviously we can expect something positive for the sps burning field.
For that, a proposal is needed, and then the community will work on that proposal, and then things will be decided. So this is what I wanted to say. What is your point of view regarding the sps burning mechanism? Please let me know in the comments section. I was really impressed with this, even with this small burning. It is not small, but still, some people believe that this burning is small, but still, it is impactful. What do you think about that? Let us discuss in the comments section. I'll talk more about this because I'm closely monitoring the data. So let's see what will happen. Also, I am watching the sps market. Right now, the price of SPS is going up, and that is a good thing. Thanks a lot.
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| Hi I am lucky ali from gujarat, india. I am a crypto enthusiast, blogger, and SEO developer. You can find me on hive, twitter and discord (Lucky Ali#6343). Sharing is caring. Thank you, hive family โฅ |
