When a protocol uses its revenue to buy its own token from the open market and then burns it, permanently reducing supply.
When a protocol uses its revenue to buy its own token from the open market and then burns it, permanently reducing supply. It's similar to stock buybacks in traditional finance. BNB, Maker, and many other projects use buyback-and-burn programs to create value for token holders.
Permanently removing tokens from circulation by sending them to an unreachable address.
The economic design of a token including supply, distribution, utility, and incentives.
When prices across the economy decline over time, increasing money's purchasing power.
A scam where attackers send tiny transactions from addresses that look similar to ones you've interacted with, hoping you'll accidentally copy the wrong address from your transaction history.
The intersection of artificial intelligence and blockchain technology.
A marketing strategy where crypto projects distribute free tokens to wallet addresses.
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