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Bilaxy Token BIA: Coin Burn

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Event date: June 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.

Bilaxy has now completed the burn of 32,671,200 BIA for the third Token Burn. Burn Txid: etherscan.io BIA will be burned quarterly. Next burn time is 2020/06.
The event is about to begin
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Added by Leisan
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