đđđRVN Burning â A Deflationary Mechanism đ„đȘ
Creating an asset on Ravencoin requires burning $RVN â coins are permanently destroyed. đ„
The numbers: creating a normal asset burns 500 RVN, a sub-asset â 100 RVN, a unique asset (NFT analog) â 5 RVN. đ
This is not just a technical necessity. Burning prevents spam attacks on the network and creates deflationary pressure: the more actively the blockchain is used, the more RVN is removed from circulation forever. â»ïž
â ïž Not financial advice.
Creating an asset on Ravencoin requires burning $RVN â coins are permanently destroyed. đ„
The numbers: creating a normal asset burns 500 RVN, a sub-asset â 100 RVN, a unique asset (NFT analog) â 5 RVN. đ
This is not just a technical necessity. Burning prevents spam attacks on the network and creates deflationary pressure: the more actively the blockchain is used, the more RVN is removed from circulation forever. â»ïž
â ïž Not financial advice.
