$Jager Responding to Dr. Tanaha until he goes and learns before he writes
1) Instant burning does not decrease the value of the currency
On the contrary… Reducing the supply is what increases scarcity → and thus supports the value of the currency in the long term. This is the same principle as Halving in Bitcoin.
2) Burning does not have to be every 6 months
The duration of burning is not a fixed law. Each project defines it in the smart contract:
Some projects burn with every transaction (Auto Burn)
Some monthly
Some quarterly
And some annually This does not apply to all currencies as you might think.
3) The burning in JAGER is automated and programmed within the contract
JAGER has real Auto-Burn, and the ratios are calculated and deducted automatically from transactions and liquidity. No one sits down to “open a laptop” and calculate manually — these are smart functions working automatically.
4) Your statement about “burning needs an institution and accounts” is not correct
This is an old concept of manual burning. As for modern projects — including JAGER — the burning is programmed, and you can see every burning operation directly on BscScan.
So if we are going to talk about burning, we must differentiate between: Manual Burn (manual) and Auto-Burn (programmed in the contract) — which is what operates in JAGER.
So the comparison you are making is not accurate, and it suggests that you understand burning the old way, not the way that is actually working in the smart contract. Best regards, Dr. Tanaha 👋
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