I'm wondering if Mog coin has a burn mechanism. I've heard about coin burns in cryptocurrency and I'm curious if it applies to Mog coin as well.
6
answers
Martino
Wed Apr 09 2025
Mog Coin employs a unique token burning mechanism.
Andrea
Wed Apr 09 2025
This mechanism is designed to regulate the total supply of tokens in circulation.
JejuJoy
Wed Apr 09 2025
By burning tokens, the overall quantity is reduced over time.
Michele
Wed Apr 09 2025
The reduction in supply creates a scarcity of Mog Coins.
Tommaso
Tue Apr 08 2025
Scarcity, in turn, leads to deflationary conditions within the Mog Coin ecosystem.