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badbitch
LeoFinance
8M
Crypto projects are starting to realize that buybacks are a waste of money
There are two dumb things crypto projects do: Buying back tokens (it's specifically dumb when the aim is to make price go up) Burning tokens (this one is simply just stupid, doesn't matter if a token supply
$ 3.325
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badbitch
LeoFinance
1y
Crypto projects should not buyback and burn tokens, revenue should build liquidity and yields
No, please don't use your revenue to burn your tokens, you're just throwing money away for a false sense of value in scarcity. Scarcity aids high value pricing when we are dealing with products and/or
$ 6.243
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badbitch
LeoFinance
2y
When token burns and hardcaps become a problem; every blockchain needs a stablecoin
Two things I've become opposed to lately are token burns and fixed max supply(hardcaps). Based on most project whitepapers and development processes made public, most implementations of token burn mechanisms
edicted
LeoFinance
3y
Introverted Token Burns are Toxic
If it centralizes the chain it's a shit idea. Nuff said.
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