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AXIA Coin AXC: Token Burn

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Event date: April 25, 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.

AXIA
@AxiaCoin
Another 3,519,431,880.256805 AXC was burned over the last week! #AXCBurnDay 3.5 billion AXC minimum continues to be burned weekly ahead of the AXIA Network mainnet launch, rapidly increasing scarcity of the currency. 👏
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Added by Alika
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