The proposal to burn 74% of the maximum BNX supply is a strategic move to increase the scarcity of the remaining tokens. By reducing the total supply, each BNX token is expected to become more valuable. This transition towards a deflationary model is designed to enhance the sustainability of the BNX token economy and make it more attractive to current and potential investors. The reduction in supply could lead to higher demand, potentially increasing the
market price
of the token. Access
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BNX Transitioning into Deflationary Stage as a Result of BNB Chain Connection
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