Cryptocurrency Q&A
Is waxp deflationary?
Is waxp deflationary?
benjamin_brown_entrepreneur
Fri Oct 25 2024
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6 answers
1572
I'm wondering if waxp is considered to be deflationary. I've heard about deflationary assets and their characteristics, and I'm curious if waxp falls into this category.
6 answers
Eleonora
Sun Oct 27 2024
The previous deflationary mechanism involving token burning has undergone a change.
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CryptoTamer
Sun Oct 27 2024
The WAXP token serves as a catalyst for facilitating transactions involving NFTs.
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Giulia
Sun Oct 27 2024
Unlike in the past, converting WAXP into WAXE no longer results in the burning of tokens.
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SsamziegangSerenadeMelody
Sat Oct 26 2024
The new approach to maintaining deflation involves burning a portion of accrued fees.
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WhisperWind
Sat Oct 26 2024
Specifically, 20% of the economic activity fees generated are burned as part of this process.
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