Osmosis Lab $OSMO

14 Oct 2024 05:12

well i dca into osmo weekly so knowing that what im buying has a max supply and part of that supply is getting taken away makes me feel a bit better :)

Osmosis Lab $OSMO

14 Oct 2024 05:10

yeah i mean theoretically it might

Osmosis Lab $OSMO

14 Oct 2024 05:03

idk why people think burns will increase price

Osmosis Lab $OSMO

14 Oct 2024 05:03

yeah that make sense

Osmosis Lab $OSMO

13 Oct 2024 23:47

thats a burn address?

Osmosis Lab $OSMO

13 Oct 2024 23:41

I think most of what youre seeing in the tx history from that address would be random contracts that have interactions that send directly there

Osmosis Lab $OSMO

13 Oct 2024 23:07

But was not at scale for a while

Osmosis Lab $OSMO

13 Oct 2024 23:06

https://www.mintscan.io/osmosis/address/osmo1qqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqmcn030

Osmosis Lab $OSMO

13 Oct 2024 22:56

Seems gud place to start

Osmosis Lab $OSMO

13 Oct 2024 22:53

Cool, seems on topic

Osmosis Lab $OSMO

13 Oct 2024 22:52

So big win or bit a fuk almost

Osmosis Lab $OSMO

13 Oct 2024 22:51

But is also in danger to not have scaled it far enough to live of the product value capture, once inflation/new mint is close to zero

Osmosis Lab $OSMO

13 Oct 2024 22:50

Just guess it helps if we try to inspire each other to have a taught or two about those topics

Osmosis Lab $OSMO

13 Oct 2024 22:49

Dont say we need to save it

Osmosis Lab $OSMO

13 Oct 2024 22:48

But was also somewhat curious if beneth the 12+k a few care about ideas like that

Osmosis Lab $OSMO

14 Oct 2024 05:10

but just arbitrarily making something less common doesn't add intrinsic value to it

Osmosis Lab $OSMO

14 Oct 2024 05:07

it wont increase price but it makes the asset kinda deflationary doesn't it?
you are not getting diluted, even the opposite, in the long run it should theoretically give you a better position in the protocol if you hodl :)

Osmosis Lab $OSMO

14 Oct 2024 05:03

yea that makes a lot more sense than arbitrarily burning it

Osmosis Lab $OSMO

14 Oct 2024 01:54

If you need help, visit our official support site, https://support.osmosis.zone

Osmosis Lab $OSMO

13 Oct 2024 23:41

the actual proto rev osmo is burned once a day if im not mistaken

Osmosis Lab $OSMO

13 Oct 2024 23:15

But would have expected this adress to be active way more then once or twice a day

Osmosis Lab $OSMO

13 Oct 2024 23:07

So this is burned in last about a year or so?

Osmosis Lab $OSMO

13 Oct 2024 22:56

https://www.mintscan.io/osmosis/address/osmo1jv65s3grqf6v6jl3dp4t6c9t9rk99cd80yhvld decent chunks of other tokens chillin

Osmosis Lab $OSMO

13 Oct 2024 22:55

https://docs.osmosis.zone/overview/educate/osmo/ snip was from here but https://forum.osmosis.zone/t/protorev-revisited/1060 here the proto rev discussions from dec onwards

Osmosis Lab $OSMO

13 Oct 2024 22:53

sounds like a fun use of these tbh as captured assets wouldnt need to have osmo sold to accumulate for the positions youre talking about above

Osmosis Lab $OSMO

13 Oct 2024 22:52

That it then shows to not be sustainable as such

Osmosis Lab $OSMO

13 Oct 2024 22:50

With a caped Max supply and working product that does capture some, but can capture way more value....osmo could do shit

Osmosis Lab $OSMO

13 Oct 2024 22:49

The devs might scale it by themselves

Osmosis Lab $OSMO

13 Oct 2024 22:49

I see solid ground works be done

Osmosis Lab $OSMO

13 Oct 2024 22:47

visibility was the wrong term lol