Is Mana coin deflationary?

The total MANA supply following the token sale was 2,644,403,343. Following a community vote, this is now an ever reducing supply (deflationary) , due to a 2.5% MANA marketplace fee (which is burned and removed from supply) every time a parcel of LAND, avatar or wearable is sold.

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Does Mana coin burn?

MANA is Decentraland’s fungible, ERC20 cryptocurrency token. MANA is burned, or spent, in exchange for LAND parcels . For a current summary of critical stats like total and circulating supply, please visit our MANA Token Information transparency dashboard.

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Is Mana being burned?

The burning of MANA for avatars and wearables was a decision made by Decentraland, without consulting the community. Furthermore, it is now evident that a % of MANA is also burnt from sales on secondary marketplaces, such as Opensea .26 May 2020

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