Follow
Show Coin Info
Price
0.02858976 USD
% Change
7.58%
Market Cap
33.3M USD
Volume
22.9M USD
Circulating Supply
1.16B
Acala to Hold Token Burn on February 23rd
Acala is set to burn 144,063 of its tokens on February 23rd.
Event date: February 23, 2024 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
144,063 $ACA is set to be burnt in 8 days🔥
$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
6.57%
1 day
5.80%
2 days
74.60%
Now (Added 1 year ago)
The event is about to begin
0
D
0
H
0
M
0
S
A
Feb 16 19:07 (UTC)
✕
✕