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DefiCliq CLIQ: Token Burn

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Event date: November 2, 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.

DefiCliq
@deficliq
As a part of 44.69% CLIQ Total Supply Burn, 10% of Total Supply will be burnt this week. It will be equivalent to 99,000,000 $CLIQ in total. $CLIQ #MultipleChain #CrossChain #defi #Polkadot
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