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LavaX Labs LAVAX: Token Burn
Token burn will be on the 1sdt of every month
Event date: January 1, 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.
LavaX Labs
@Lavax_labs
@Lavax_labs
Our first token burn is now complete! 🔥🔥
Today we burnt 250k $LAVAX tokens from the supply!
We will repeat this action on the 1st of every month for the next year!
Below is the transaction for reference!
www.bscscan.com
The event is about to begin
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Dec 1 18:24 (UTC)
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