0 reply
0 recast
0 reaction
13 replies
8 recasts
34 reactions
I'm not entirely sure about this, but according to my research, the answer boils down to basic math: the gross magnitude of the token.
Although Clanker's treasury burn could apply a similar percentage policy (such as the 2% or 3% seen in other sister tokens), QR Coin was launched with a total supply of 100 billion tokens.
When you apply a burn percentage, even if it's low, to a base of 100 billion, the absolute volume of tokens destroyed is, by necessity, much greater than what you get when you apply it to tokens with supplies of only millions or a couple of billion.
The Dune dashboard ranks by that absolute number and not by the relative percentage of the total supply.
In summary: QR Coin ranks first because of the nominal size it was designed with, not necessarily because it has been burned more aggressively in proportional terms.
Perhaps this was already very obvious, but it is what I have deduced after reading here and there. 1 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
