Topic: could a deflationary defi project change the way defi is moving (Read 126 times)
The token has to be very useful to users, not just deflationary. I think the usefulness and fundamentals are very important factors to consider while developing/participating in a crypto project, otherwise it's as good as sharing millions of useless shiny stones amongst the uninformed and controlling the supply to make it deflationary.
October 05, 2020, 06:47:59 AM
I don't think that deflation for the sake of deflation is good. A 10% burn rate is very high and would incentivize holding over spending. A small amount of inflation or deflation adjusted by algorithm is probably the best option.
October 05, 2020, 05:59:28 AM
Not that amazing until those defi projects have already flown and soared high.
What's the difference between this project and other new defi projects?
What's the difference between this project and other new defi projects?
October 05, 2020, 05:29:24 AM
Recently came across https://deflationary.finance
This is a DeFi project.
What makes https://deflationary.finance/ different one may ask?
Well it is a deflationary project. To understand the idea one can see inflation as a evil which caused the value of token to lose value.
In a deflationary economy one sees the token value increasing over time.
This can be achieved in a number of ways like locking/destroying/burning tokens
To understand the project one can visit
Token Name: Deflationary Finance
Token Symbol: DeFi
Initial Total Supply: 30,000
Token Characteristics: Deflationary ERC-20 Token
Website: https://deflationary.finance/
https://twitter.com/DeflationaryFin
https://t.me/deflationaryfinance
Token Contract Address:
https://etherscan.io/token/0xa73d6348fbc57913574081868175ba0028f38a47
my erc 20 address: 0x031DE8802Db0Ae18DC4e7bFa0F1Aa63B670Fef4a
Note : Currently there is an airdrop going on https://docs.google.com/forms/d/e/1FAIpQLSeGJmx55CpvQMu7GjzEzENkR98_MuMBLWcL3KEMlsn3lQiEXA/viewform
This is a DeFi project.
What makes https://deflationary.finance/ different one may ask?
Well it is a deflationary project. To understand the idea one can see inflation as a evil which caused the value of token to lose value.
In a deflationary economy one sees the token value increasing over time.
This can be achieved in a number of ways like locking/destroying/burning tokens
To understand the project one can visit
Token Name: Deflationary Finance
Token Symbol: DeFi
Initial Total Supply: 30,000
Token Characteristics: Deflationary ERC-20 Token
Website: https://deflationary.finance/
https://twitter.com/DeflationaryFin
https://t.me/deflationaryfinance
Token Contract Address:
https://etherscan.io/token/0xa73d6348fbc57913574081868175ba0028f38a47
my erc 20 address: 0x031DE8802Db0Ae18DC4e7bFa0F1Aa63B670Fef4a
Note : Currently there is an airdrop going on https://docs.google.com/forms/d/e/1FAIpQLSeGJmx55CpvQMu7GjzEzENkR98_MuMBLWcL3KEMlsn3lQiEXA/viewform
Jump to: