After completing this transaction, at least one hundred million.

A deflationary public chain with a market value of 300 million USD, Binance destroys 50% of trading fees on the 1st of each month, with 99.9% decentralization.

99.9% decentralization, 99.9% of tokens are minted by retail investors around the world, 0.1% inherited from Luna, with no project team, no founders, no foundation, this is Bitcoin from 2014 $BTC .

A transaction tax of 0.5% is levied on each transaction. Ordinary users have cheaper transfer fees, while whales and institutions face enormous fees. The noble chain is the basis of deflation. Transferring one hundred million requires burning 500,000 in fees, while Ethereum $ETH is much more expensive.

Every price fluctuation drives the on-chain whales to transfer and destroy, making its value capture ability the best among public chains. Its deflation rate is also among the top in public chains.

On the 1st of each month, Binance destroys LUNC, and it is expected that tomorrow, June 1, 1 billion LUNC will be destroyed; last month on the 1st, 500 million LUNC were destroyed. The exchange's destruction is just a small part, with more coming from the on-chain 0.5% whale tax, averaging 6 billion destroyed each month, and 200 million destroyed each day. #币安Alpha上新 .

Any one of these (decentralization, deflation, exchange destruction) could be discussed individually, and its valuation should be between 6 billion to 9 billion USD. A potential return of 20 to 30 times is expected.

If, by any chance, algorithmic stablecoins restart one day, their market value will return to the previous high of 60 billion USD, leading to a potential return of 200 to 300 times. This could change the lives of ordinary people.