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RE: Why LENM are different from traditional Hive-Engine Miners

in LeoFinance3 years ago

I'm excited about the linear scaling of LENM payouts. I think it will be important for LEN to be burned or consumed for some useful purpose, in order to maintain a good market price.

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They have planned a number of usecases , I don't think the burning is necessary at all but if they do burn then it will be a bonus .

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Makes sense, I assumed @ph1102 and @achim08 are thinking way ahead of me! 😄

Well, we were breaking our heads in the wall to figure it out, but actually it's easy to understand... You can look at only 1 thing and you will understand... Forget about the math...

If we reinvest all at the leyer zero and put back into the project, it has to bring stability... Simple as that... :)

I don't know if someone did that, and that's why this is different :)

Usually, the money finishes in someone's pocket at the beginning :)

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The beauty of burning them is that it will not harm to either side... Actually, it would be good for everyone :)

But, on the other side, if we have some hard-core HODLers, maybe we will wait for some time to burn them (if they buy them before getting to our buyback orders)... :)

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