Topic: Burnable vs Mintable (Read 85 times)
I would take burnable coins over mintable coins any day. With burnable coins you can be sure that the coins are gone forever and no one can bring them back to sell and manipulate the market with but with mintable coins they are always there and those coins can be restore at any time. Burnable is better as it reduces the supply and helps to keep up the price
Mintable vs. burnable is one of the ways project developers advance projects that are run and have different consequences, tokens are burned if the project has received a high enough fundraiser/project runs as expected and tokens are pulled back from the market with several stages with price intention get higher and burnable
i choose burnable,
better pull out all then decrease the supply to make interest people than pull out peice by piece ,
with many many ico come, maybe people will try to look another,than hodl some mintable token.
but , not for all , i mean some burnable token also sucks.
like DGPT
better pull out all then decrease the supply to make interest people than pull out peice by piece ,
with many many ico come, maybe people will try to look another,than hodl some mintable token.
but , not for all , i mean some burnable token also sucks.
like DGPT
Mintable tokens increases the number of supply of a coin leading to it's price depreciation in long term giving bonus coins to the holders. While burnable coins buys and sucks in token to reduce the total supply and increasing the price of token as time passes.
Whats the point of mintable token then if most ICOs are choosing burnable?
I prefer burnable tokens. The reason being is as time progresses the total circulating supply, decreases each year. Some tokens do quarterly burns, but I have seen some tokens that burn only once a year. If your coin is based off of shares and burns and it's a decent coin then thats where the money is, if you are a longterm holder then you may see significant profit!
Thanks! Yes, the Token seems to be a success in a long run.
But what I cant understand is in case if TSE won't reach the hard cap, devs could create more tokens and in this case they could re-sale them again? or they can go to the Founders of ICO?
I prefer burnable tokens. The reason being is as time progresses the total circulating supply, decreases each year. Some tokens do quarterly burns, but I have seen some tokens that burn only once a year. If your coin is based off of shares and burns and it's a decent coin then thats where the money is, if you are a longterm holder then you may see significant profit!
Hello .. I was trying to find a topic here about mintable tokens. But only could find old topics or none.
Mintable vs burnable. What is better for the contract? Whats the difference? Alternatives?
Thank you.
Mintable token means you can get the token by minting it, but burnable means that the coin has been applied the burning method and the developer will able to burn the token based on the how much revenue that they have got it to buy these coins from the market and then burn these coins to the default address. Mintable vs burnable. What is better for the contract? Whats the difference? Alternatives?
Thank you.
Hello .. I was trying to find a topic here about mintable tokens. But only could find old topics or none.
Mintable vs burnable. What is better for the contract? Whats the difference? Alternatives?
Thank you.
Mintable vs burnable. What is better for the contract? Whats the difference? Alternatives?
Thank you.
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