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Last I heard, it was in the 5-7M range. Most of the decrease can be accounted for by the fall in Bitcoin since the presale- For the most part, the core team see
by drcode 12y ago
Last I heard, it was in the 5-7M range. Most of the decrease can be accounted for by the fall in Bitcoin since the presale- For the most part, the core team seems to have been pretty decent with maintaining a reasonable burn rate. (as much as outsiders can determine)
- bachback 12y ago10M$ in one year, i.e. 30,000$ per day is a reasonable burn rate?
- drcode 12y agoAs I said, most of that is due to the drop in Bitcoin value, not an actual burn rate, in terms of how most people would consider the term "burn rate". For better or worse, had ethereum sold all their Bitcoin holdings immediately after the presale they would have been hated by a large chunk of the cryptocurrency community... They ended up taking a big volatility risk for this reason (among others) which worked against them.