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Azbit AZ: Coin Burn
Azbit team will continue to destroy AZ according to the overall trading volume until 10% of the initial token supply remains on the market.
Event date: October 19, 2020 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.
The event is about to begin
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Azbit
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