<?xml version="1.0" encoding="UTF-8"?><oembed><type>video</type><version>1.0</version><html>&lt;iframe src=&quot;https://www.loom.com/embed/af3cf8c16d324ecca5aed7d5a7f78954&quot; frameborder=&quot;0&quot; width=&quot;1662&quot; height=&quot;1246&quot; webkitallowfullscreen mozallowfullscreen allowfullscreen&gt;&lt;/iframe&gt;</html><height>1246</height><width>1662</width><provider_name>Loom</provider_name><provider_url>https://www.loom.com</provider_url><thumbnail_height>1246</thumbnail_height><thumbnail_width>1662</thumbnail_width><thumbnail_url>https://cdn.loom.com/sessions/thumbnails/af3cf8c16d324ecca5aed7d5a7f78954-85bc35d9ecfc6002.gif</thumbnail_url><duration>645.142</duration><title>Understanding Daily Burn in Circles: A Unique Monetary Policy 💰</title><description>In this video, I explain the concept of Daily Burn within the Circles system, where 0.02% of your balance evaporates daily, totaling 7% per year. This mechanism, inspired by the historical idea of Demiraj, encourages circulation of currency rather than hoarding. I highlight how our unique creation and burning forces create a fair monetary policy, allowing everyone to contribute to the money supply. I also discuss how new joiners can still catch up with long-term users, making it an attractive system for all. I invite you to explore more about this concept on our website and share any questions or comments you may have.</description></oembed>