Covalent Covalent CQT
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Covalent CQT: Coin Burn

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Event date: September 15, 2019 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.

COVA (Covalent.ai)
@covatoken
According to the schedules, we will burn another 500mm COVA tokens on September 15th. This action is a part of the 2 billion burning programme, which takes place on the 15th of every month. medium.com
The event is about to begin
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