Binance Square
LIVE
LIVE
Rypto__
--10.3k views
$RNDR UTILITY The Render Network ($RNDR) harnesses the power of unused GPU resources, connecting them with those in need of processing power. it’s a solution tackling the global computing power deficit head-on, especially relevant in our burgeoning AI-driven world. Here’s how ($RNDR) could skyrocket in value: It uses a burn-and-mint equilibrium. Suppose you've got spare GPU capacity; you become what’s termed a “supplier,” lending out that capability. On the flip side, those who need it, the “end users,” can purchase your GPU power. Payments from end users are made in $RNDR. Then, that RNDER is burned – it’s taken out of circulation. Meanwhile, suppliers get minted RNDR as their reward. There's a cap on how much RNDR gets minted monthly, ensuring a steady supply. As demand climbs more RNDR will burn. But since the minting remains constant, the supply shrinks, leading to deflation. The balance or "equilibrium" kicks in when the price of RNDR adjusts so the burned amount equals the network’s spending. For example, if suppliers are getting 10,000 minted tokens worth $100,000 and users spend $150,000, $50,000 worth of RNDR. needs to vanish to balance the books. This scarcity nudges the price up until it matches user spending. So, if the network usage surges, $RNDR's value could too, potentially hitting those enviable triple digits. This isn’t just optimistic talk; it’s the magic of a deflationary model in play.

$RNDR UTILITY

The Render Network ($RNDR) harnesses the power of unused GPU resources, connecting them with those in need of processing power.

it’s a solution tackling the global computing power deficit head-on, especially relevant in our burgeoning AI-driven world.

Here’s how ($RNDR) could skyrocket in value: It uses a burn-and-mint equilibrium.

Suppose you've got spare GPU capacity; you become what’s termed a “supplier,” lending out that capability.

On the flip side, those who need it, the “end users,” can purchase your GPU power.

Payments from end users are made in $RNDR.

Then, that RNDER is burned – it’s taken out of circulation.

Meanwhile, suppliers get minted RNDR as their reward.

There's a cap on how much RNDR gets minted monthly, ensuring a steady supply.

As demand climbs more RNDR will burn. But since the minting remains constant, the supply shrinks, leading to deflation.

The balance or "equilibrium" kicks in when the price of RNDR adjusts so the burned amount equals the network’s spending.

For example, if suppliers are getting 10,000 minted tokens worth $100,000 and users spend $150,000, $50,000 worth of RNDR. needs to vanish to balance the books.

This scarcity nudges the price up until it matches user spending.

So, if the network usage surges, $RNDR's value could too, potentially hitting those enviable triple digits.

This isn’t just optimistic talk; it’s the magic of a deflationary model in play.

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
0
Replies 7
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
LIVE
@Rypto__

Explore More From Creator

--

Latest News

View More
Sitemap
Cookie Preferences
Platform T&Cs