Holy shit! This is AWESOME! I will be keeping more yield in Tango from now on, instead of swapping it all to BCH or FlexUSD. Burning makes Tango A LOT more attractive to hold! https://twitter.com/TangoSwapCash/status/1495824647274835973 #SmartBCH #TangoSwap #Defi #YieldFarming
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2 comments
they have to burn a LOT more, price is still the same imo
I don't mind the price not rising. As long as the burning puts a solid bottom on the price. That way the likelyhood of impermanent loss on the TANGO pairs is lower.