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Why burn tokens? The mechanism works by burning tokens when the asset price is low to reduce supply and better match demand. Algorithmic stablecoins often mint more of the coin to increase global supply when the opposite occurs.📝 #token #Binance #learning #crypto2023

Why burn tokens?

The mechanism works by burning tokens when the asset price is low to reduce supply and better match demand. Algorithmic stablecoins often mint more of the coin to increase global supply when the opposite occurs.📝

#token #Binance #learning #crypto2023

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