Fasttoken to Hold Token Burn on October 26th

Name: Token Burn
Start: 2023-10-26T00:00:00Z
End: 2023-10-27T00:00:00Z

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Fasttoken is set to burn 12% of its FTNs on the Ethereum platform on October 26th.

Event date: October 26, 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.

Fasttoken
@fasttoken_com

On october 26, 12% of FTNs will be burnt on #Ethereum, to enable the #minting process on #Bahamut. As the native #currency of Bahamut Mainnet, #FTN facilitates staking & validation mechanisms on-chain.

Discover the new era of PoSA consensus, where validators earn #rewards from…

FTN Price Changes After Event Publication

FTN Events on the Chart

0.90%

1 day

0.90%

2 days

2.16%

Now (Added 2 years ago)

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