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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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9242508 No.9242508 [Reply] [Original]

hey guys, imagine a coin that the more you trade it the more it gets burned. it would create an incentive to hold it forever.
therefore reducing the supply and burning tokens alot to prevent people from selling

what do you think?

>> No.9242513

That would be me, the more I trade the more I get burned

>> No.9242534

>>9242508
On exchanges, trades happen off chain anon.

>> No.9242554

>>9242508
Pretty much powh 3d is what you described + burned 10% goes to current holders as ethereum. Its dip now and ono 3d project is coming this month

>> No.9242645

>>9242554
no, if it goes back yo holders they will get an incentive to sell.
NO...just burn tokens at every trade and not give back anything. also lets say the shorter time you hold the higher the fee. so for example if you hold for 1 year the fee could be reduced by 90%. we could create that coin using decentralized smart contracts to not depend on any exchange

>> No.9242700

>>9242508
Incentivise non-use of a coin, what a fucking brilliant idea. Let's hope it gets a shit ton of adoption by people who buy in but are never going to spend it. Maybe you could start your pitch with "hey hey hey"

>> No.9242745

>>9242700
people want gains they don't give a shit about adoption.

>> No.9242864
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9242864

>>9242508
/biz/ already created it, retard.