Why do these regular $UNO burns differ significantly from most "burns" in the crypto world.
27 Oct 2023, 17:39
Why do these regular $UNO burns differ significantly from most “burns” in the crypto world?
And how do they impact the protocol’s participants’ real yield and $UNO's deflationary tokenomics?
Here’s a simple breakdown for you. 🧵
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227 Oct 2023, 17:39
The sixth $UNO burn event alone has permanently removed more than 1.5% of $UNO from the circulating supply.
Now that the WatchDog is open to the public for submissions and our insurance capacity is higher than ever, we are excited to see what the future holds for $UNO burns. 🔥
The sixth $UNO burn event alone has permanently removed more than 1. 5% of $UNO from the circulating supply.
The sixth $UNO burn event alone has permanently removed more than 1.5% of $UNO from the circulating supply.
Now that the WatchDog is open to the public for submissions and our insurance capacity is higher than ever, we are excited to see what the future holds for $UNO burns. 🔥
27 Oct 2023, 17:39
A part of the profits from WatchDog and our insurance premium revenues are used for the $UNO buy-back and burns.
$UNO burns are deflationary and directly linked to the revenue we generate.
A part of the profits from WatchDog and our insurance premium revenues are used for the $UNO buy-back and burns.
A part of the profits from WatchDog and our insurance premium revenues are used for the $UNO buy-back and burns.
$UNO burns are deflationary and directly linked to the revenue we generate.