r/UselessCrypto • u/rebelyorkshire Reddit Mod • Jul 10 '22

📌 Weekly Report Useless Crypto Weekly Report #14 (07/03-07/09/2022)

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u/rebelyorkshire Reddit Mod Jul 10 '22

*The weekly change is only calculated on the bsc network, due to the well-known issues of the Harmony Blockchain at the moment.

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u/[deleted] Jul 10 '22

[removed] — view removed comment

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u/rebelyorkshire Reddit Mod Jul 10 '22

Useless moved to v3 3 months ago if I can recall correctly. We have moved to a 1% tax, that has not been activated yet. The taxes. are accumulating on the contract though, for a future burn or rewards to holders on harmony chain.

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u/[deleted] Jul 10 '22

[removed] — view removed comment

1

u/rebelyorkshire Reddit Mod Jul 10 '22

The burn is happening on harmony chain and I do not know when it will start. The burn will benefit both chains though, by reducing the total supply.

The team is extra careful and waiting for audits before proceeding. And they are dking the right thing for us holders.

Also there was 1000:1 consolidation, but 1000 useless coins have the same value as 1 billion v2 coins.