Alpaca Finance ALPACA: Token Burn

Name: Token Burn
Start: 2022-02-06T00:00:00Z
End: 2022-02-07T00:00:00Z

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Event date: February 6, 2022 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.

Alpaca Finance
@AlpacaFinance

Our 46th weekly buyback & burn is completed. A total of 477,888 $ALPACA tokens (~USD 179k) have been sent to the fire. 🔥🔥 ▶️ Deflationary for three weeks in a row 🔥🔥 ▶️Total cumulative burn is now 14.7Mn+ tokens (7.82% of total supply) #BURN #BSC #Deflationary #DeFi

ALPACA Price Changes After Event Publication

ALPACA Events on the Chart

0.64%

1 hour

1.05%

3 hours

12.69%

1 day

8.86%

2 days

99.87%

Now (Added 4 years ago)