Cryptocurrency Q&A What is the rule of 10 burn?

What is the rule of 10 burn?

Silvia Silvia Sun Aug 25 2024 | 7 answers 1755
Could you elaborate on the concept of the "rule of 10 burn" in the cryptocurrency world? Is it a widely accepted principle or a strategy specific to certain projects? What is its purpose and how does it impact the token's economics and potential investors' decision-making process? Is there a mathematical formula or calculation behind it? Lastly, how does it differ from other token burning mechanisms? What is the rule of 10 burn?

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