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Dynamic Trading Rights DTR: Coin Burn
Tokens.net will destroy over 1 Billion exchange tokens (DTR) in a single burn event on May 27 to celebrate 1 year since public launch - this represents 30% of total DTR and means that going forward, the majority of tokens will be held by ICO backers, hodlers and traders.
Event date: May 27, 2019 0:01 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.
The event is about to begin
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Added by
meanznowt
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