A Warmer Market, a Clearer Limit on Burns
Background: Altcoins edged upward in early October, but the XAI community was still arguing over what token burns could change. Today: One member followed the accounting through to minting: burning XAI makes room for esXAI to be minted as XAI again, while the total remains 2.5 billion. Impact and next steps: The conversation shifted from “how much was burned” to “what happens afterward.”
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Background: Altcoins edged upward in early October, but the XAI community was still arguing over what token burns could change. After a member asked whether buybacks and burns still stood, the tokenomics document supplied by an operator received a closer reading.
Today: One member followed the accounting through to minting: burning XAI makes room for esXAI to be minted as XAI again, while the total remains 2.5 billion. They explained in the chat that burns do not make the chain steadily deflationary. Under this mechanism, supply stays constant, which is only somewhat better than continuing inflation.
Impact and next steps: The conversation shifted from “how much was burned” to “what happens afterward.” A member who had treated burns as a guarantee of scarcity decided to reconsider that assumption. The document still could not say when buybacks would move forward.