/biz/ - Business & Finance

The whitepaper says there is an unlimited supply of tokens. 70 million premined from some other bullshit. That's not a very good sign for a long term hold. May still moon for a bit after listing at bitfinex. Not sold on all the hype about the magical anonymous dex. Where the fuck is it? Where do I trade between chains? Seems like complete vaporware. Read this paragraph and convince me this isn't a scam. Defend this shit.

"Since the total block reward for XSN will stabilize at 20 XSN, the supply istheoretically unlimited. Therefore, Stakenet burns every transaction fee withinthe network as a counterpart to the increasing supply and adds additional busi-nesses to provide more value to XSN. Either by burning the profits of those,thus, decreasing the supply of the XSN coin, or by sending their earnings to thetreasury to fund more projects and products. So, it is ensured that all profitswithin the Stakenet ecosystem will end up benefiting all XSN coin owners"