Hector Network HEC: Token Burn

Name: Token Burn
Start: 2021-11-19T00:00:00Z
End: 2021-11-20T00:00:00Z

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Event date: November 19, 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.

Hector DAO (4,4)
@HectorDAO_HEC

HECTORIANS! Super Friday continues… Last week we burned 30k $HEC - about $1,200,000 at the time. We just burned another $1,200,000 worth of $HEC. That’s 6,000 HEC tokens! This is just the beginning of what Super Friday has in store… Stick around for the AMA at 20.00 UTC.

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