Burned yield refers to the rewards or returns generated from staking or holding a cryptocurrency that has a portion of its total supply deliberately removed or “burned.” This process reduces the overall supply, potentially increasing the value of the remaining tokens.When tokens are burned, they are sent to a wallet address that is inaccessible, effectively removing them from circulation. The reduction in supply can create scarcity, which may drive up demand and thus the price of the remaining tokens. In many projects, burned yield can be incorporated into various financial mechanisms, such as liquidity pools or decentralized finance (DeFi) platforms, where a percentage of the transaction fees or rewards are used to buy back and burn tokens. Investors often view burned yield as a positive indicator since it can signal a commitment to maintaining or enhancing value. However, it’s important to assess the health of the underlying project and its sustainability, as merely burning tokens does not guarantee price appreciation.
Avalanche Treasury Co. to Go Public in $675M Deal With Mountain Lake Acquisition
Avalanche Treasury Co. (AVAT), a digital asset treasury company aligned with the Avalanche Foundation, said Wednesday it has agreed to