source avatarSam

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the numbers on Quai Network are pretty wild less than two weeks since mainnet and they've already crossed $100k in protocol revenue. over 2,000 blocks mined, $105k+ total revenue and 3.5M+ $QUAI bought back and burned (~$102k worth) what makes this interesting is the mechanics merge mining rewards from LTC, DOGE, BCH and RVN get converted into $QUAI buybacks and burns. so instead of the usual miner dumping you see with most PoW chains, this creates actual scarcity over time @0xalank, @mechanikalk, @basedPavel and @jdowning plus the Dominant Strategies team really reimagined how PoW economics could work you can watch it happen in real time at https://t.co/i9R4GPJT6u early days but the pace is legit. they're building something that feels different

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