Fetch.ai/Tether USD forum
FETUSDT Do you know FET (fetch.ai) is constantly unlocking 110K tokens supply everyday and dump in the market?
Which means the FET increases it's circulating supply by 3,300,000 (110K x 30 days) tokens every month, or around 9,900,000 (3.3M x 3 months) tokens every quarterly, and this seems goes infinitely.
So the FET's "earn and burn" mechanism that scheduled quarterly to burn 5,000,000 tokens is really not gonna reduce the overall circulating supply, isn't it?
View the FET token scheduled unlock events here:
cryptorank.io/price/fetch-ai/vesting
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