Terraço Econômico
--
Token Burning: what it is and why it can increase your cryptocurrencies!
Token burning, or cryptocurrency burning, is a mechanism that consists of permanently removing tokens from circulation by sending them to inaccessible wallets — addresses without a private key.
This practice has several purposes, including supply control, price stimulation, and signaling long-term commitment from projects. We will tell you more about how this works and how it can impact you throughout your journey in the crypto universe.
How does the token burning process work?
This practice has several purposes, including supply control, price stimulation, and signaling long-term commitment from projects. We will tell you more about how this works and how it can impact you throughout your journey in the crypto universe.
How does the token burning process work?
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
1
0