Donโt listen to those people haha, but i agree with you, I believe a deflationary token (through burns) with 100% rev share can be very attractive to current/future investors.
To copy and paste what I put in the defituna discordโ
๏ฟฝ๏ฟฝBy reducing circulating supply, the same amount of staking revenue is distributed across fewer tokens, mathematically increasing APR per token over time. Even if revenue stays constant, supply reduction leads to higher real yield for token holders.
Simultaneously, consistent buybacks create natural buy pressure in the market, supporting price stability and driving additional demand.
Less supply + constant buy pressure + the same or growing treasury revenue = a stronger, more valuable token economy and a more attractive staking ecosystem.โ
I guess my question is without buybacks, how would you suggest defituna burn tokens with revenue being paid out in sol?
this ain't fud, but a few legit questions
1- this is not another fucking launchpad, already 100s on solana (see first video posted on @dmdotfun)
2- idea is simple, this is an app made for degens, so we gonna degen the launch, launch it with a token.
we pushed dope vibes on the TL and app reveal vid, def was not enough for some ppl, i get it- we tried something new there but thats all this is, no ill intention.
im so confident on this app that im ok launching it alongside a token
3- 10% Treasury at TGE is just to have some extra tokens available because all the rest will be locked, but now that we'll prob have extra tokens we can do 0 if thats so much of a pb
4- love metadao and what they do, but understand that their meta is quite new and dmfun was planned on metaplex before they got on X radar
all good if you dont wanna ape, but ill be glad if you at least use the app, dm me for early access so you can see and feel the work put behind this
btw lot of tweets coming up leading to TGE with more info on the app, the token and the partners, GTM strategy/vision, invite codes, beta testing, revenue, etc...
stay tuned and thanks for the thread ๐ @dmdotfun