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Did you know AxonDAO’s $AXGT is deflationary?
6 months ago
29
- 100% of AXGT earned from trading fees is burned
- AxonDAO also schedules algorithmic burns
- 100 million AXGT tokens have already been burned
- Future burns still in the pipeline
What do AXGT token burns accomplish?
- Increases scarcity to pressurize value
- Incentivizes long-term holders
- Builds community engagement and trust
- Helps secure long-term financial security
AXGT is more than a governance token. It’s the funding mechanism to engage AxonDAO’s community, incentivize token-holders' research participation, and fund the future of science!
#AxonDAO #DeSci #DecentralizedScience
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