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KonnektVPN to Hold Token Burn on November 5th

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KonnektVPN announced that it will transfer additional KPN tokens from its buyback system to the designated burn address on November 5th, as part of its 90-day emergency plan.

Event date: November 5, 2024 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.

KonnektVPN
@konnektvpn
More and more burning is happening, so we decided to send more $KPN from our buyback system to the burn address, following our 90-day emergency plan.

The burn will happen on the 5th of november!

PS: we are committed to burning any locked supply released this year.
The event is about to begin
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Added by Leisan
Oct 28 08:19 (UTC)
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