Submission + - Stagnation Breeds Innovation in Cryptocoins - First Deflation, Now Dividends (cryptogoat.org)
An anonymous reader writes: When new coins are birthed on the various decentralized blockchain networks, they usually tend to be flops, scams, or copy/paste implementations of existing coins.
Because of this stagnation, new deflationary coins were the first to come to the scene, where liquidity would be locked in an inaccessible wallet. Typically this is enhanced by a percentage of sales and buys going to be burned, towards marketing and development, and in some coins, a dividend gets redistributed to holders — until now, only in dividends of the coin itself.
SuperBNB.finance is an example of a novel addition to deflationary coins in that it pays dividends out in BNB — the stablecoin used by the Binance Chain as a whole. One of my favorite coin bloggers recently discussed it's merits here.
Because of this stagnation, new deflationary coins were the first to come to the scene, where liquidity would be locked in an inaccessible wallet. Typically this is enhanced by a percentage of sales and buys going to be burned, towards marketing and development, and in some coins, a dividend gets redistributed to holders — until now, only in dividends of the coin itself.
SuperBNB.finance is an example of a novel addition to deflationary coins in that it pays dividends out in BNB — the stablecoin used by the Binance Chain as a whole. One of my favorite coin bloggers recently discussed it's merits here.