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Impossible Decentralized Incubator Access to Hold Token Burn on January 9th

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Impossible Decentralized Incubator Access has issued a correction regarding the timing of its IDIA token burn. The token burn will now be conducted on January 9th.

Event date: January 9, 2025 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.

Impossible Finance
@impossiblefi
🔥 IDIA Burn-for-Free Node Campaign 🔥

IF is kicking off the new year with an exciting initiative! sophon nodes have been getting all the attention, and now's another chance to snatch yours.

Introducing our first Fixed Rate IDIA Burning Campaign. By participating, you can burn your IDIA for FREE Sophon Nodes.

How It Works:
- Burn IDIA to qualify for Free Sophon Nodes from a pool of 2,000 Nodes.
- This Campaign is on a First Come, First Served basis.
- Minimum IDIA burn per user: 11,790 IDIA
- Maximum IDIA burn per user: 58,950 IDIA
- The Sophon Node(s) you receive will depend on the amount of IDIA burned. Be sure to burn the exact amount specified below:
11,790 IDIA = 1 node
23,580 IDIA = 2 nodes
35,370 IDIA = 3 nodes
47,160 IDIA = 4 nodes
58,950 IDIA = 5 nodes

Burn Period:
🗓️ 07/01/2025 09:00 AM (UTC) to 10/01/2025 09:00 AM (UTC)

*For IDIA holders who participated in the previous IDIA Burn-for-Allowance campaign but missed out on purchasing Fuel Allowance, your burned IDIA will be automatically carried over to this Burn-for-Free Node campaign. More details in the blog post shared below*

⛓️ This campaign is conducted on the BNB Chain.

Where to Participate:
https://app.impossible.finance/explore

Important Conditions:
- ⚠️ Burning IDIA is different from Staking IDIA. Burning means that you will forfeit this allowance and will not be able to receive this back.
- In the event of technical issues or unfair circumstances, Impossible Finance reserves the right to cancel the campaign and refund participants.
- The actual IDIA token burn will be conducted within 72 hours after the Purchase Period ends.

👉 Read the blog for full details:
https://blog.impossible.finance/idia-burn-for-free-node-sophon/

🔥 Get ready to burn IDIA and secure your FREE Sophon nodes!
Impossible Finance
@impossiblefi
🛠️Correction Notice:

The actual IDIA token burn will be conducted within 72 hours after the node distribution, not after the Purchase Period ends.

We apologize for the confusion and appreciate your understanding! 🙏
The event is about to begin
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Added by Leisan
Jan 7 08:06 (UTC)
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