Not sure should we consider those as burns ... they can come back :)
I made post specificly on conversions.
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Not sure should we consider those as burns ... they can come back :)
I made post specificly on conversions.
The fee part can't come back.
Let's assume HIVE = $1
100 HIVE->95 HBD (5% fee deducted and burned)
95 HBD->95 HIVE (no fee in this direction)
5 HIVE burned.
If the price changes, the conversion rate can go up or down, and the HIVE supply with it, but the fee is forever.
That's right.
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True that!