When you hit equilibrium there are three options: 1. Price stays the same and you remain at the same equilibrium 2. Price goes up and therefore you burn less tokens for the same utility and therefore you are again below equilibrium 3. Price goes down and now you burn more tokens for the same utility and the network goes above equilibrium (aka deflationary) The goal is to keep chasing equilibrium as the price goes up which makes economic sense. If the trend continues for the pace at which burns have grown in the last few months, things are looking good.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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