What is Deflationary Tokenomics?
It is an economic model adopted by some cryptocurrencies, where the number of available tokens is gradually reduced through 'burning', increasing their scarcity and potentially enhancing their value over time.
Burning mechanisms:
• Burning a portion of the fees.
• Automatic burning with each transaction.
Examples:
• BNB: It is periodically burned by Binance.
• SHIB: The project has burned a significant percentage of the total supply.
Important advice:
Do not make burning alone a measure of the project's quality!
Evaluate the idea, the team, the market condition, and sustainability before making your decision.
#Crypto #CryptoEducation #Tokenomics #BNB #SHIB #Trading #CryptoEducation #Deflationary