@yabsera
Why Burning Matters 🔥
1/ Burning isn’t destruction. It’s one of the strongest economic tools in crypto. Let’s break down how it works — and why InterLink uses it for ITL. 👇
2/ In traditional finance, companies use share buybacks to reduce supply. Less supply + same or higher demand = higher value per share.
3/ Crypto has its own version: token burning. Instead of buying back stock, projects permanently remove tokens from circulation.
4/ The most famous example? Ethereum’s EIP-1559. With every transaction, ETH burns a small amount. This reduced supply → ETH became scarcer, and its long-term value strengthened.
5/ Scarcity creates confidence. Holders know their asset won’t be endlessly inflated.
6/ InterLink applies the same logic. By regularly burning ITL, the ecosystem ensures total supply decreases while usage keeps growing.
7/ Why does this matter? Because ITL isn’t just for trading — it’s a payment token for hotels, shopping, and online services.
#InterLink #ITLG