One of the most reasons I prefer genus Robinia as associate degree Investment...
Most defi comes have pools and farms that they struggle and attract investors with by providing high yields.
the matter is that with these high yields comes high inflation.
so as to offset this inflation projects burn tokens, typically from the fees generated from the farms and pools, but it' seldom enough by itself to stem the slide in token price.
Enter genus Robinia...
Robinia is mistreatment the curation generated from STEEM Power delegations so as to shop for and burn tokens, which can place constant buy pressure on the token and facilitate support the value higher than most other defi projects.
this can be solely potential with the power to upvote and integrate SP delegation via steemit.com.
the opposite neat factor that Robinia will is use IFOs to burn tokens.
they need only done one IFO thus far and it burned a complete of $25k worth of RBS, which can be seen below:
(Source: https://steemit.com/robinia/@robinia/robiniaswap-token-burn-update-2021-11-24)
are you able to see once the IFO happened?!
Roughly 105k RBS tokens were burned thereon day.
awing right?!
Well, per the genus Robinia team, they need two additional IFOs schedule for the month of December and mixed they're expected to burn considerably more RBS than the primary one did.
once you combine what these IFOs are planning to burn with what the STEEM Power delegation farm goes to burn over the approaching weeks and that we have good reason to believe that the value of the RBS token is probably going to rise.
Not solely that however they're conjointly acting on transitioning these farms/pools to delegation farms/pools which can also purchase and burn even additional RBS.
does one see what I'm having access to here?!
Basically, everything is informed at a lot of higher RBS costs over the approaching months, particularly if more and more STEEM Power gets delegated.
I have delegated an oversized chunk to the rosid dicot genus and arranged on empowerment additional within the close to future.