You are viewing a single comment's thread from:

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

in #robinia • 3 years ago

This is a large amount of Robinia tokens.
is the circulation supply is fix or dynamic? because the price on the chart is still on the downtrend for the last two months.

3 years ago in #robinia by
$0.00
    Reply 4
    Sort:  
  • Trending
    • [-]
     3 years ago 

    Thank You for Your question...

    $0.02
    • Past Payouts $0.02
    • - Author $0.02
    • - Curators $0.00
    1 vote
    Reply
    [-]
     3 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.

    $0.00
      Reply
      [-]
       3 years ago 

      Thank You for sharing Your insights...

      $0.02
      • Past Payouts $0.02
      • - Author $0.02
      • - Curators $0.00
      1 vote
      Reply
      [-]
       3 years ago 

      Thank you
      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.

      $0.00
        Reply