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ZeroLiquid to Hold Token Burn on October 31st

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ZeroLiquid has announced that it has burned 4 million of ZERO tokens, which are valued at over $500,000.

Event date: October 31, 2023 UTC

What is coin (token) burn?

A coin (token) burn is a process of sending a certain amount of cryptocurrency to a public address that has unobtainable private keys. In the future, the sent coins cannot be spent, thus the coin burn leads to an overall decrease in the cryptocurrency circulating supply.

ZeroLiquid
@zeroliquid_xyz
4 million $ZERO tokens worth over $500k have just been burned for october🔥

Our ongoing monthly burn scheme will reduce the max supply by almost 70% to ~30m tokens
The event is about to begin
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