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Day 13 of 30: How to tell if $CC is healthy
Token burns take $CC out of circulation. Every transaction on Canton removes some supply. As long as there's transaction activity, float shrinks. This creates a price floor effect.
But burns alone don't tell the whole story. The health of the ecosystem depends on what teams do with the tokens they earn. Are validators dumping or holding? Are apps building or extracting?
Validator and app behavior tell you if the ecosystem is healthy or not. Burns set the floor. What teams do with their earnings tells you their long term intentions. Over the past few years we have seen extractive teams in the broader cryptocurrency ecosystem. With Canton, Apps and validators are public and verifiable so they can also be held accountable. Same with the Canton Foundation.

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