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Eleven Finance ELE: Token Burn
Event date: June 16, 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.
eleven.finance
@ElevenFinance
@ElevenFinance
Another massive burn of $ELE this week.
Not just burnt, but bought back as well. All shrinking our capped supply!
It's nice to see the result of our growing TVL with moving to @0xPolygon but not forgetting our #BSC users.
Scarcity + buying pressure = good news for $ELE
eleven.finance
@ElevenFinance
@ElevenFinance
And the clock is ticking for 'The Thirding' where emissions drop to 1/3 of current rate.
bscscan.com
Here, with our current buyback and burn we'll be deflationary.
We have so much more to share with you until then too!
Get in now, before the scarcity pinch.
The event is about to begin
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Added by
Alika
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