AxonDAO Governance Token to Hold Token Burn on December 20th

Name: Token Burn
Start: 2024-12-20T00:00:00Z
End: 2024-12-21T00:00:00Z

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AxonDAO Governance Token will host a token burn event scheduled for December 20th at 20:00 UTC. The event will involve burning 5.44 million AXGT tokens sourced from liquidity pool fees, utilizing their Metric Based Ignition Algorithm; the implementation will be fully contract-automated.

Event date: December 20, 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.

AxonDAO
@axondao

Important AXGT Token Event
this friday, december 20th at 3 pm EST, we are executing a significant token burn event:

Burning 5.44M $AXGT tokens sourced from liquidity pool fees.
Powered by METRIC BASED IGNITION ALGORITHM.
The implementation will be fully contract-automated:
-

AXGT Price Changes After Event Publication

AXGT Events on the Chart

17.41%

1 day

22.76%

2 days

21.52%

Now (Yesterday)

The event is about to begin