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Just a quick update to the community;
- Testing for wrapping Nano to tNano is live and already started. Link to test it: https://dapp.thirm.com/
- Deflation has started.
What does that mean?
The current deflating (the cost of using the service) is set to 0.5 Thirm per transaction. This will be reduced in the future as more transactions are completed, there will be less Thirm in the market as a result of the VM burn. Consecutively Thirm will become more scarce as the circulating supply will reduce which itself creates a positive buying pressure for the token.
Since the token value is low and it is based on the dollar value, we expect the deflation to be fast.
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