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Acala to Hold Token Burn on September 5th
Acala has announced that a total of 289,310 ACA tokens are scheduled to be burnt on the 5th of September.
Event date: September 5, 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
289,310 ACA are set to be burnt in 3 days 🔥
More treasury stats and proposals can be viewed on the Acala Subsquare: https://acala.subsquare.io/
More treasury stats and proposals can be viewed on the Acala Subsquare: https://acala.subsquare.io/
ACA Price Changes After Event Publication
6.00%
1 day
3.93%
2 days
3.54%
Now (Added 5 months ago)
The event is about to begin
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Sep 3 17:33 (UTC)
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