Reducing the PIXYDUST Token Supply

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This post is not financial advice.

I started this in the @uni-coin account last week. i am doing a version of it here. that is to mint and immediately brn tokens to reduce the total cuiculating supply. I haven't come up with an exact number but I think this round will be 10,000 tokens.

I do plan to do this regularly but not on a schedule and the amounts will vary each burn round. I will of course update folks when these burns happen.

This burn round will happen at some point this week. I will write an updated post once I complete the burn.

Like UNICOIN and GLITTER I keep the circulating supply very low. This is because all tokens are backed before mint which allows me to do buybacks without having any sort of negative effect on the program. I pride myself in being able to by back every token and still would be able to continue as if nothing happened.

This is all by design. I do my best to add more value to the tokens over time doing these burns I think is a good way to do that.

Speaking of which I plan to refresh the rewards in the LP soon. I will be adding some more tokens to the LP rewards soon to refresh those. i will likely be adding some DEBTGAME tokens as well. I will probably do this the same day I do the burn.