Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
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How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
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Details: https://www.gate.com/announcements/article/47889
#OORT Nearly 700 million in circulation, with 4 million tokens burned each quarter, but 8 million tokens will be unlocked each quarter over the next two and a half years. Market cap = Price × Circulating Supply. If the market cap remains unchanged, reducing the circulating supply will cause the price to rise. Currently, the price has increased by 100%: approximately 50% of the circulating supply needs to be burned, which is about 299 million tokens. This calculation is an extremely simplified theoretical model. It assumes that the market cap remains completely unchanged, with no new token unlocks or selling pressure, and that market sentiment is unaffected by burns. In reality, relying solely on burns to achieve such effects is difficult; demand is the true engine of price increases: the fundamental determinant of price is buying demand. Token burns can only significantly enhance value by creating scarcity when demand is stable or growing.