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RE: RobiniaSwap Token Burn Update

in SCT.암호화폐.Crypto • 5 years ago

hi @robinia

Thanks for that update. Is there any chance you guys could write few words about RBS token economy? I understand that there are some buy-back and burns happening. Im just curious on how does it exactly work?

Are you using fees from staking/unstaking bSteem?
Fees from staking/unstaking RBS?
Fees from using RobiniaSwap bridge?

Anything else is impacting amount of burned tokens?

Cheers, Piotr

5 years ago in SCT.암호화폐.Crypto by
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     5 years ago 

    RobiniaSwap's 4% deposit fee will be used to purchase STEEM. RBS tokens will be burned using the STEEM token economy.

    The STEEM bridge fee is 1% and the BLURT bridge is 2%.
    A portion of the bridge fee is also used to burn RBS tokens.

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