WWY is going deflationary.
10 May 2023, 09:15
š„ WWY is going deflationary! š„
To create a more sustainable model for our tokenomics, we're burning a portion of tokens that are received as penalties or fines.
This permanently removes them from circulation, reducing the total supply of WWY in the market.
Same news in other sources
2WeWayWWY #1396
10 May 2023, 09:27
š„ WWY is going deflationary
In order to create a more sustainable and deflationary model for our tokenomics, we have decided to burn a portion of the tokens that are received as penalties or fines. This means that instead of the tokens being redistributed or used in other ways, they will be permanently removed from circulation, reducing the total supply of WWY in the market.
š This token burning mechanism will help us ensure the long-term viability and growth of the WWY ecosystem, while also increasing the value of the token for our users and investors.
We are committed to building a strong and sustainable community around WWY, and this new update is just one of the many ways we are working towards achieving this goal.
Stay tuned for more updates on the development of WWY and our ongoing efforts to improve the platform for all our users.
WWY is going deflationary.
š„ WWY is going deflationary
In order to create a more sustainable and deflationary model for our tokenomics, we have decided to burn a portion of the tokens that are received as penalties or fines. This means that instead of the tokens being redistributed or used in other ways, they will be permanently removed from circulation, reducing the total supply of WWY in the market.
š This token burning mechanism will help us ensure the long-term viability and growth of the WWY ecosystem, while also increasing the value of the token for our users and investors.
We are committed to building a strong and sustainable community around WWY, and this new update is just one of the many ways we are working towards achieving this goal.
Stay tuned for more updates on the development of WWY and our ongoing efforts to improve the platform for all our users.
WeWayWWY #1396
10 May 2023, 09:27
š„ WWY is going deflationary
In order to create a more sustainable and deflationary model for our tokenomics, we have decided to burn a portion of the tokens that are received as penalties or fines. This means that instead of the tokens being redistributed or used in other ways, they will be permanently removed from circulation, reducing the total supply of WWY in the market.
š This token burning mechanism will help us ensure the long-term viability and growth of the WWY ecosystem, while also increasing the value of the token for our users and investors.
We are committed to building a strong and sustainable community around WWY, and this new update is just one of the many ways we are working towards achieving this goal.
Stay tuned for more updates on the development of WWY and our ongoing efforts to improve the platform for all our users.
WWY is going deflationary.
š„ WWY is going deflationary
In order to create a more sustainable and deflationary model for our tokenomics, we have decided to burn a portion of the tokens that are received as penalties or fines. This means that instead of the tokens being redistributed or used in other ways, they will be permanently removed from circulation, reducing the total supply of WWY in the market.
š This token burning mechanism will help us ensure the long-term viability and growth of the WWY ecosystem, while also increasing the value of the token for our users and investors.
We are committed to building a strong and sustainable community around WWY, and this new update is just one of the many ways we are working towards achieving this goal.
Stay tuned for more updates on the development of WWY and our ongoing efforts to improve the platform for all our users.