THIS IS GOOD. Why? 👇👇
Combats inflation: Previously, THORChain had a mechanism where, if the price of RUNE dropped, more tokens could be minted to cover collateral, creating a "negative spiral" and diluting the value of the token. By stopping these emissions, THORChain aims to shut down that "money printing machine," helping to control inflation.
* Sustainability and value: Moving to a "real yield" model means that rewards will come from the actual activity of the network and fees, rather than newly created tokens. This shift promotes a more sustainable economic model for THORChain and can lead to greater scarcity of the RUNE token. In the cryptocurrency space, reducing or stopping token emissions is often seen as a positive step towards a more robust and valuable asset in the long term, as it decreases selling pressure and encourages value to be derived from usage and fees.
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