There's 11,575.131 $PHAM reserved to back The Ham LP NFTs. So each will start backed by 11.575131 $PHAM

As they are burnt that backing increases.

Currently deploying. Unofficial head platypus of /lp 

okay I read the docs and I'm really sorry if this is a super dumb question. But what's the benefit of burning the NFT if we could have it worth more as the burn continues? again sorry for having two brain cells lol!

Photographer | Artist | PhD🫀🤘 /mountains /feelsgoodman /alexmack 👉 https://linktr.ee/alexmackenzie

If that's the case. Then what to stop people from holding "until price increases"? I'm new to this so any knowledge would be appreciated

"Until you make the unconscious conscious,it will rule your life and you will call it fate"

i believe that’s the point… gamify and incentivize diamond hands