Eidoo Eidoo EDO
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Eidoo EDO: Token Burn

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he excellent news is that we will destroy 920,000.00 EDO tokens starting from August 31st. This means that we are going to permanently remove 1% of the total supply of EDO tokens.

Event date: August 31, 2018 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.

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Added by MarkAli
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