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RE: STEEM Defi - Robinia has burned a huge chunk of tokens in the last few weeks

in #robinia3 years ago (edited)

Every day new tokens are created, that is what pays the yields on the farms/pools. There is a little more than 11k RBS tokens created per day, so the buying and burning is reducing the inflation rate.

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If an update of the system sets up a delay of x time before selling the RBS yields, the price of RBS may go up on the chart.