Most Likely Impact of Reserve Auction on $ITL by #Interlink Networks.
Most likely effect:
Net reduction in the circulating supply of $ITL (with a cleaner holder base). The reverse auction moves $ITL from private wallets into the treasury. A portion funds First 10M Linkers rewards (controlled redistribution), and any remainder is permanently burned. This removes tokens from free float and adds deflationary pressure—especially useful for the scarcer $ITL (fixed 10B supply, mainly issued via $ITLG staking).
Secondary but closely linked effects that reinforce this:
Weak and short-term holders exit orderly. The remaining supply is held by higher-conviction participants, lowering future of sell pressure.
Transparent price discovery (current median asks ~$20) without open-market slippage.
But final result remain unknown until the event is over and the total volume bought by Interlink Foundation
#ITL #ITLG #InterLinkFoundation dation #Interlink #WeAreTheFirst100MLinkers
Most likely effect:
Net reduction in the circulating supply of $ITL (with a cleaner holder base). The reverse auction moves $ITL from private wallets into the treasury. A portion funds First 10M Linkers rewards (controlled redistribution), and any remainder is permanently burned. This removes tokens from free float and adds deflationary pressure—especially useful for the scarcer $ITL (fixed 10B supply, mainly issued via $ITLG staking).
Secondary but closely linked effects that reinforce this:
Weak and short-term holders exit orderly. The remaining supply is held by higher-conviction participants, lowering future of sell pressure.
Transparent price discovery (current median asks ~$20) without open-market slippage.
But final result remain unknown until the event is over and the total volume bought by Interlink Foundation
#ITL #ITLG #InterLinkFoundation dation #Interlink #WeAreTheFirst100MLinkers