/biz/ - Business & Finance

Anonymous Tue Nov 22 02:03:39 2022 No.52559255 [View]
File: 63 KB, 1288x655, burned.png [View same] [iqdb] [saucenao] [google]

>>52559198
3. The internet computer relies on token burns and transaction fees to perform the deflationary function that is built in. ICP can be burned into cycles. Cycles are burned to pay for computation and data hosting on the internet computer. While cycle burning is headed in a parabolic direction, the amount of ICP burned from cycles and transactions combined is pathetic and has no effect on the dumps from 1 and 2.

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/biz/ - Business & Finance

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