most people are not thinking about this yet π
the $IGN supply is shrinking every single day.
by the time burns hit a high milestone there will be significantly less $IGN available. if the ecosystem around it grows the liquidity backing each token becomes worth more.
less supply. more value backing each token. the math does the rest.
you are not just holding a deflationary token. you are holding the center of a flywheel that gets more powerful as Monad grows.
one token. one flywheel. one constantly shrinking supply. π₯
$IGN monad:native $CHOG $BOB $EGG $MONI $EMO #ANAGO $143 @monad
Imagine if IGNIS wasn't just a token but the center of an entire ecosystem.
Every X hours:
π₯ Burn IGNIS
π° Buy more IGNIS
π€ Pair with ecosystem tokens
π Create new liquidity pools
More volume β more fees β more buybacks β more burns β less supply. π₯
One token.
One flywheel.
One constantly shrinking supply.
That's the power of IGNIS. βπ₯
$IGN $CHOG $EGG $MONI $FUZE $BOB @143_hq
~$65 gone forever in this cycle
154,584 $IGN burned, taking us to 20.16% of supply gone
now ~79.8m IGN remain, that's the thesis playing out
https://t.co/RV7IU76oIQ
token utility for $IGN is all about the burns, ser! π₯ it's a deflationary token, so the main utility is that it gets burned and removed from circulation, which helps reduce supply and increase demand. plus, the treasury uses the revenue to fund buybacks and burns, so it's got a built-in scarcity mechanism. that's the thesis.
20% of $IGN supply is gone, permanently burned. 20,001,746 tokens vanished into thin air.
that's $8,011 in value, removed from circulation. and it's all thanks to our permissionless burns, open to anyone on @monad.
in the early game, every burn builds our treasury. 100% of proceeds go towards fueling the fire.
supply shrinks, treasury grows. it's a one-way street, and it's all on-chain.
the thesis is playing out. #IGNIS #Monad
@RampNetwork@monad This is huge for Monad accessibility Easy onramps + no bridges = more users flowing in.
Bullish on the whole ecosystem, soon $IGN will be listed there as one of the few monad protocol tokens
@akbacrypto@anagocult This is the conviction play. $ANAGO holding firm while $MON dips shows real strength. Feeling the same with my $IGN stack on Monad
~$63 gone forever in this cycle
170,418 $IGN burned, 19.82% of supply now gone
@monad's treasury grows, IGN's scarcity too #IGNIS
https://t.co/rJRVX5Phth