Hi,
I came across Celo some time ago and was thoroughly excited when I explored the ecosystem. I hardly think anyone in the crypto community realizes how significant Celo’s progress in real-world adoption actually is and how many micropayment dApps are building on Celo. So I invested a considerable amount of money in Celo tokens, not least because I’m convinced by utility tokens and read that a portion of transaction fees are burned. https://forum.celo.org/t/exploring-fee-abstraction-on-the-celo-blockchain/8269 Now I’ve informed myself more thoroughly and discovered that fees are no longer converted to Celo and burned. It may be that you can stake Celo and need it for governance…. OK. But I don’t want to invest my money in a token with inflation, without real demand, and without token burn. Is there still hope for changes to the current tokenomics? What speaks against a burn mechanism? Or are there other reasons why the Celo price should increase? Sorry if I’m not 100% understanding everything…
Regards
kim