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Covesting COV: Token Burn

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Event date: December 31, 2021 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.

COVESTING
@covesting
Did you know? 🤔 #Covesting conducted their most recent $COV token burn of 75,715 tokens. The total amount of COV tokens that have been burnt is now 1,074,555.79 🔥🔥 This is 5.37% of the total supply burnt forever. Check out the #COV burn history ➡️ covesting.io
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Added by Alika
Jan 1 14:52 (UTC)
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