Azbit Azbit AZ
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Price
0.00000546 USD
% Change
1.68%
Volume
185 USD

Azbit AZ: Coin Burn

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Token burn will take place every week until 125,000,000,000 AZ (i.e. 90% of the initial supply) are permanently destroyed.

Event date: December 14, 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.

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