π΅ VADER vs LUNA burn rate comparison when minting USDV & UST ("Mint-to-Burn")
Just some quick thoughts on the subject of "Mint-to-Burn" as it relates to LUNA, VADER, and their associated stable-tokens, UST and USDV. Also, some passing thoughts on PulseChain's effects (when it launches) of ERC-20 tokens such as VADER.
LUNA = $92.31
VADER = $0.087
$LUNA
360,988,466 LUNA (Circulating Supply)
832,942,111 LUNA (Total Supply)
$VADER
4,195,272,677 VADER (Circulating Supply)
25,000,000,000 VADER (Total Supply)
MINTING $1 worth of UST burns 0.01 LUNA
MINTING $1 worth of USDV burns 11.48 VADER
This shows that while VADER has a larger number of coins, VADER will also be burnt more quickly when minting USDV due to VADERβs very low price (currently).
β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬
Disclaimer: This video is not financial or investment advice. Do not buy, sell or trade cryptocurrency, or make any financial decisions based on the content of this video. I am merely sharing what I have done and what I would do in various situations as an educational tool only.
#bitcoin #btc #crypto #cryptocurrency #news #cbbi #blockchain #price
β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬
β‘ ColinTalksCrypto.com β‘
β‘ CBBI.info β‘
π Tip me with crypto & leave me a note: https://cointr.ee/ctc
π Donation wallet QR codes: https://ColinTalksCrypto.com/ctc_crypto_wallet_qr_codes.png
π Bitcoin (BTC) address: 1Da6ivdriJpzqnLkNEa1XnKk5nGCiyRZrF
π Ethereum (ETH) address: 0x5b90414Aeb115f910698304E63C2C3092739c9c0
π Bitcoin Cash (BCH) address: qpzc3apy9s8x2qtlqxxgnalfxtzgnkg5nq352w9k2t
π Terra (LUNA) address: terra1ft4y720qwq7rwwfe0gjg835hkzgzawy3482lk8
π EOS account: colintcrypto
π YouTube: http://youtube.com/ColinTalksCrypto
π Twitter: https://twitter.com/ColinTCrypto (@ColinTCrypto)
π 3Speak: https://3speak.online/user/colintalkscrypto
π BitChute: https://bitchute.com/channel/colintalkscrypto/
π BitClout: https://bitclout.com/u/ColinTalksCrypto
π BitTubers: https://bittubers.com/profile/ColinTalksCrypto
π D.Tube: https://d.tube/#!/c/colintalkscrypto
π Facebook: https://fb.me/ColinTalksCryptocurrency
π Float: https://flote.app/colintalkscrypto
π GETTR: https://gettr.com/user/colintcrypto
π Gab: https://gab.com/ColinTalksCrypto
π Noise.Cash: https://noise.cash/u/ColinTalksCrypto
π Odysee/LBRY: https://odysee.com/@colintalkscrypto
π Parler: https://parler.com/profile/Colintalkscrypto
π PeakD: https://peakd.com/@colintalkscrypto
π Read.Cash: https://read.cash/@ColinTalksCrypto
π Rumble: https://rumble.com/c/c-392465
π SoundCloud (Songs): https://soundcloud.com/colin-talks-crypto
π Steemit: https://steemit.com/@colintalkscrypto
π Uptrennd: https://uptrennd.com/user/colintalkscrypto