Follow
Show Coin Info
Price
0.085261 USD
% Change
4.56%
Market Cap
97.1M USD
Volume
26.3M USD
Circulating Supply
1.13B
Acala to Hold Token Burn on December 25th
Acala is scheduled to burn 159,441 of its tokens on December 25th.
Event date: December 25, 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.
Acala
@AcalaNetwork
@AcalaNetwork
159,441 $ACA is set to be burnt tomorrow 🔥
$ACA burning is part Acala 2.0 and the amount is comprised of unspent emissions, network fees and governance votes.
You can see the next burn by going to the treasury
https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Facala-rpc.dwellir.com#/treasury
$ACA burning is part Acala 2.0 and the amount is comprised of unspent emissions, network fees and governance votes.
You can see the next burn by going to the treasury
https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Facala-rpc.dwellir.com#/treasury
ACA Price Changes After Event Publication
5.04%
1 day
12.98%
2 days
28.80%
Now (Added 11 months ago)
The event is about to begin
0
D
0
H
0
M
0
S
A
Added by
Alika
✕
✕