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RE: STEEM Defi - Robinia has burned a huge chunk of tokens in the last few weeks
This is a large amount of Robinia tokens.
is the circulation supply is fix or dynamic? because the price on the chart is still on the downtrend for the last two months.
Thank You for Your question...
Every day new tokens are created, that is what pays the yields on the farms/pools. There is a little more than 11k RBS tokens created per day, so the buying and burning is reducing the inflation rate.
Thank You for sharing Your insights...
If an update of the system sets up a delay of x time before selling the RBS yields, the price of RBS may go up on the chart.