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Deployer
@deployer
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.
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Alex Mack 🏔️
@alexmack
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!
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Deployer
@deployer
this is the best i can do
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eezoh
@eezoh
I mean $pham is complicated by itself so I'm in the same boat. Think it mostly sets a floor value on them that increases over time with $pham value + amount burned.
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