Aren't token burns the most -ev thing?
They decrease the marketcap and literally burn resources.
You can use the tokens for growth, like:
-Airdropping bagworkers
-Paying for collabs
-Listings
etc
Instead you BURN them? Decrease the one number everyone looks at?
When I was new to the space I got excited about burns. My thinking was: with less supply to go around - what's left will be more expensive.
But no, it decreases the marketcap.
I suppose there are times where it's needed.
However, for 99% of the projects I see, it seems a waste.
Am I wrong?