How does the MLN token burn mechanism work?

How does the MLN token burn mechanism work?

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How does the MLN token burn mechanism work?
How does the MLN token burn mechanism work?

Also Read : Coinbase Cartesi Quiz Answers: Learn and Earn $3 CTSI Token 

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How does the MLN token burn mechanism work?

Coinbase Enzyme ( MLN Token ) Quiz Answers

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Question.1 : How does the MLN token burn mechanism work?

A. Vault managers owe a 0.25% annual fee on the sum of all assets in a vault, payable in MLN; these tokens are then taken off the market and burned

B. Users receive MLN for developing, maintaining, auditing and growing the protocol; when these individuals are rewarded with tokens, an equal amount of MLN is burned

C. 0.25% of the total circulating supply of MLN is burned on an annual basis

D. Investors owe a 0.25% fee when depositing into a vault which is payable in MLN; these tokens are then taken off the market and burned

Answer: Vault managers owe a 0.25% annual fee on the sum of all assets in a vault, payable in MLN; these tokens are then taken off the market and burned

Also Read : Coinbase Cartesi Quiz Answers: Learn and Earn $3 CTSI Token 

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