Azbit Azbit AZ
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Price
0.00000392 USD
% Change
6.55%
Volume
912 USD

Azbit AZ: Weekly Token Burn

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Azbit team removes AZ tokens from circulation, reducing the total supply to support price and offset inflation. Token burn will take place every week until 10% of the initial supply remains on the market. To date, the number of coins eliminated from circulation reaches 13,636,442,628.15.

Event date: November 9, 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.

azbit.news
@azbit_news
As a weekly tradition, Azbit burns AZ according to the overall trading volume. This time, 20,812,302.38 native tokens have gone on fire. Proof ⬇️ etherscan.io ✅ The next AZ burn is scheduled for November 9, 2020.
The event is about to begin
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Added by Azbit
Nov 3 20:32 (UTC)
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