The Render Network burns tokens on a regular basis But what does ‘burn’ actually mean? How does it work? Where is my coffee? ☕️ Thread… 🧵
2/6 Studios/artists fill their account with credits by using local currency like dollars and euros (so it’s super simple without needing to visit the trenches of crypto).
3/6 Rendering jobs are completed by GPUs all over the world on the Render Network.
4/6 When the artist/studio approves a job as complete, the currency they paid is used to purchase RENDER tokens. Those RENDER tokens are then burned - removed from circulation forever, for ever ever.
5/6 Burning is proxy for network usage More rendering = more burning (= less circulating supply 👀
6/6 Curious how Render Network works? Get started with free credits at Visit for more info
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