Cryptocurrency Q&A Does Coti burn coins?

Does Coti burn coins?

IncheonBeautyBloom IncheonBeautyBloom Mon Jul 22 2024 | 7 answers 1667
I don't understand this question. Could you please assist me in answering it? Does Coti burn coins?

7 answers

CherryBlossomFall CherryBlossomFall Wed Jul 24 2024
The existing bridge architecture, though robust in its security, lacks ideal efficiency.

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Isabella Isabella Wed Jul 24 2024
To enhance its operational proficiency, the bridge will introduce a mechanism of a fixed reserve amount.

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Elena Elena Wed Jul 24 2024
This fixed reserve will ensure stability and predictability in the bridge's token exchange process.

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FantasylitElation FantasylitElation Wed Jul 24 2024
Any tokens that exceed this predetermined reserve limit will undergo a process known as "burning."

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GeishaMelody GeishaMelody Tue Jul 23 2024
Token burning involves permanently removing the excess tokens from circulation, effectively reducing their supply.

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