Ruddeger

Retired Chief Meme Officer (CMO).

[Ruddeger @Ruddeger]

@KevinRiche99 Wand farmers get a raw deal. You need to farm for over 90 days to get anything. I farmed 22lp for 83 days so get nothing. Like many others.

[Ruddeger @Ruddeger]

@DrEZ_Draws 🤩

[Ruddeger @Ruddeger]

@xFoudres Hey @xFoudres check DM 🙏🏻

[Ruddeger @Ruddeger]

@x_ptlc @SaveWithCrypto @BurnifyApp Looking forward to it🙏🏻

[Ezi 📿 @eziwb3]

Ending the week with a bang!💥
Over +4000 batches this Sunday!

Let's check out the weekly average 🧐
A stunning average of 4229 batches impressive score, BurniGuys! 📈👏🏽

@BurnifyApp : The art of burning reinvented. Just burn it.🔥

#BFYto10 🚀 #MultiversX #Web3

[Ruddeger @Ruddeger]

@SaveWithCrypto I don't post in X enough, I forgot to tag @BurnifyApp !! #burnify

[Ruddeger @Ruddeger]

@SaveWithCrypto A long time ago I mentioned Burnify to you, now my rewards have passed 50 Egld in 140 days with a 92 egld investment.
Join the TG and ask how.

https://t.co/Oq0ByxmRDB

[Burnify @BurnifyApp]

🔥 Staking 2000 $BFY for 24 days yielded: 1.035 #EGLD (≈ $57.85)🔥

🚨 Reminder: This is an example of potential returns and not financial advice. Staking results can vary.

🔥Burn. Earn. Build 🔥

#MultiversX #EGLD #BFY #BurnifyStaking #Web3

[Burnify @BurnifyApp]

🔥 Staking 2000 $BFY for 17 days yielded: 0.652822 #EGLD (≈ $31.98)🔥

🚨 Reminder: This is an example of potential returns and not financial advice. Staking results can vary.

🔥Burn. Earn. Build 🔥

#MultiversX #EGLD #BFY #BurnifyStaking #Web3

[Ruddeger @Ruddeger]

Around 100 days ago I started with @BurnifyApp Swapping $Egld for $bfy and making batches, total commitment of 96 $egld. Now every day I wake and claim my rewards. So far 42.5 $egld!

[Ruddeger @Ruddeger]

@BurnifyApp @SaveWithCrypto you got time for a video on this?

[Ruddeger @Ruddeger]

@AndreiMX_ The missing 12m are here: erd1ec2aeyxwg8yh3hdv83zssg2s2e2uxzccu2965u2epmpcwsazwhmquhu39c
And in a second wallet you will see from this wallet. Its "frozen". not technically burnt but can't move as you can see from the attempted swaps in the wallets

[Burnify @BurnifyApp]

🔥 Token Burning: A Key Strategy for Sustainability 🔥

So far the @MultiversX community burned more than 500,000$ in #ESDTs using @BurnifyApp

@beniaminmincu @SasuRobert @lucianmincu @luciantodea @stefanszakal , considering the potential of token burning, this approach might be particularly beneficial for #MEX in addressing overcirculation and enhancing its market value

- let's take it to the next level together

Let's dive in:

🔸Post-bear market, many projects grapple with the problem of token overcirculation. High emission rates at launch often lead to an oversupply, devaluing tokens. But there's a strategic response: token burning

What is Token Burning? 🤔

It's the process of removing tokens from circulation, by:
1. ✅permanently removing tokens from circulation (different from sending tokens to a 'dead' or unrecoverable address, a common practice in other blockchains)
2. ✅sending them to an unrecoverable address

Benefits of Token Burning:

1️⃣ Creates a deflationary effect, contrasting the inflation seen in FIAT
2️⃣ Signals a strong commitment to the project's health and value, boosting investor confidence

For maximum impact, token burning should be:

✅ Part of a broader, goal-aligned strategy
✅ Executed transparently to retain investor trust

Token burning is more than a quick fix; it's a strategic tool for stabilizing value and fostering project longevity

So @beniaminmincu @SasuRobert @lucianmincu @luciantodea @stefanszakal, do we start the #BurnRun together?

#MultiversX

[Ruddeger @Ruddeger]

@the_economystic @kucoincom It's worse than you know, every week there is a new strange tx or wallet activity. All just gets brush aside. Latest thing keeping the price down is herotag: Tods. they actually updated the SP contract to enable this wallet to pull funds for "onboarding reasons" 😒 millions...

[Ruddeger @Ruddeger]

@s3kee @BurnifyApp Daily, but the number is driven by the number of batches made. so it (0.08egld) can be higher or lower each day.

[Ruddeger @Ruddeger]

@demihai17 @GRM_Web3 The threshold is currently lower then 500. I initially wrote that a couple of weeks ago. Maths is still the same but.

[Ruddeger @Ruddeger]

@demihai17 @GRM_Web3 Assuming there is a 70% discount available, 1 batch would cost 0.195 egld ($97.50) and you would received 197 bfy at todays cycle. BUT what about the APR you ask?
It is still around 200%🥳 But of course due to the emmisions dropping 0.2% per cycle the APR will slowly decrease

[Ruddeger @Ruddeger]

@xMattDiaz Yes accounted for, its up to the team to keep the project innovative, and that will keep the batches up. Check DM