2min chapter

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029 - Jose Birkin: Montelibero, Libertarian Governance & Tokenomics

Free Cities Podcast

CHAPTER

How to Burn MTL Tokens in a Bot

We have a special bot that burns all the MTLs. We do this in exchange for the money that comes into the system. So, I can see, for example, someone is buying 1000 Uramtail and only then will the tokens be created. And vice versa, if the fund returns the MTL to the fund, it's burned. Even though, like, in the bots, they're not going to come out in any way, right? Unless someone actually bought it,.Unless somebody actually offered a good enough price that is determined by the market. But still, we would find it uncomfortable to actually keep some unrealized MTLs into your MTLs, even in

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