"Burn" TAG

Questioning the Purpose of Burning Mechanisms in Cryptonetworks
  • research
In a recent article, Joel Monegro, a Partner at the cryptoasset-focused venture capital firm Placeholder, provided criticism of buyback-and-burn models, offering an alternative method, termed buyback-and-make, as a supposed improvement. Smith+Crown recently suggested practical improvements to how buybacks could be conducted and Monegro‚Äôs thought-piece challenged our thinking about the purpose of burning bought-back tokens in the first place....