Disney
DIS
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Disney to Hold Token Burn
Disney has announced that it will be implementing a monthly burning mechanism on September 1st. This process will involve the burning of 172,120.391167528 DIS, which is equivalent to approximately $73,151.166 USD. The maximum supply of DIS after this event will be 99,364,884.7.
Event date: September 1, 2023 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.
Announcement of DIS burn in september
DIS monthly burning mechanism (2023-9-1)
Burn 172,120.391167528 DIS worth about $73,151.166 USD
Maximum Supply 99,364,884.7 DIS
https://twitter.com/distoken_xyz/status/1697299089560580135
https://distoken.xyz/burn0901/
DIS monthly burning mechanism (2023-9-1)
Burn 172,120.391167528 DIS worth about $73,151.166 USD
Maximum Supply 99,364,884.7 DIS
https://twitter.com/distoken_xyz/status/1697299089560580135
https://distoken.xyz/burn0901/
The event is about to begin
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