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RE: Steemit Crypto Academy Contest / S5W4 - Token Burn
The hard-working and consistent steemdoctor1, I appreciate and admire the way you present your articles. You have correct answers the questions required of you sir.
I agree with your point on Reduction of Supply being one of the important benefits of burning tokens, because the way that exchanges calculate their prices is by taking the last trade and multiplying it by the number of tokens on offer. In theory, this means that exchanges with a lot of token on offer will always be cheaper than exchanges with less.
Thanks for sharing friend, and goodluck in this contest. #steem-on.
I will appreciate if you equally engage on Mine
Thank you so much for your precious addition here.