/biz/ - Business & Finance

>>52425321
remember the burn and the fee conversion aren't the same thing, cm basically burns half of their fees so if they did manage to 10x the volume that's be around 100k xcm bought back a week and 50k of that would get burned
it'd still be shit but not as shit

ultimately it'd be better in the long run if there was no floor and the exchange could buy 2x-3x as much xcm or more (assuming xcm dropped to around 20-30c) and there wouldn't be such a huge supply at such a high price