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Gather GTH: Token Burn

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Event date: September 2, 2022 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.

Gather Network
@Gather_Network
Burn Update: 🔥1,844,145 $GTH - burned on the Gather #blockchain (#GatherOnline rewards - Aug 1 to Sep 2) 🔥Total burned to date: 33,428,076 GTH 🔥The total life cycle supply is reduced to ~566.6 Million GTH. Monitor the burn through #Gather #explorer: explorer.gather.network
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Added by Alika
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