STEEM Defi - Robinia has now burned an incredible 32% of the total supply since inception!

in robinia •  3 years ago 

I spoke too soon! Robinia has now burned and even greater percentage of tokens!

Robinia has one of the best token burning systems I have ever seen.

Why do I like Robinia so much?

It's simple really, it's because they burn more tokens on a daily basis than most other projects.

Since inception they have burned an incredible 32% of the total supply:

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(Source: https://robiniaswap.com/)

This number was a 14k jump from yesterday alone, which is big considering there is less than 12k tokens created per day.

If you compare that number with many other projects, you will see how impressive that is.

What's more, much of that supply was created within the first couple weeks when Robinia had inflation several multiples of what it is today.

If you take the percentage of supply they are burning on a daily basis going forward, and that number jumps even higher than 32%.

With more SP being delegated the burns will only increase and the price of the token has nowhere to go but up.

Sprinkle in a few more IFOs as well as more investment in the Cake Farms and the price could do very well over the coming months!

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Thank You for sharing Your insights...

Merry Christmas !!

Thank yoi

Upvoted! Thank you for supporting witness @jswit.
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Price will boost in near future as they burned incredibly

price will be huge in future as they burned incredibly.

  ·  3 years ago Reveal Comment

Thank You for sharing Your insights...

Merry Christmas !!