2026-01-20 07:32:41

2 million SNOWBALL coins wiped out in just 72 hours. That's a serious burn rate. But here's the question—does the team behind this project actually grasp what they're doing with their own tokenomics? The numbers speak for themselves, yet something feels off about the execution. Token deflation mechanics should be transparent and intentional, not confusing. When projects burn this aggressively, investors need clarity on whether it's strategic or reactive. What's really driving these massive coin erasures?

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

12 Likes

Reward
12
6
Repost
Share

Comment

0/400

WalletManager

· 9h ago

Burned 2 million tokens in 72 hours? This burn rate is truly outrageous. To put it simply, the team hasn't really figured out their tokenomics logic; the data is right there, but on the execution level, it's all question marks. I’d like to see how the contract code is written—such aggressive deflation mechanisms are concerning in terms of transparency.

View OriginalReply0

GasFeeGazer