LootBot to Hold Token Burn on October 9th

Name: Token Burn
Start: 2023-10-09T00:00:00Z
End: 2023-10-10T00:00:00Z

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LootBot has announced that it will be re-enabling the burning of LOOT for xLOOT starting from October 9th.

Event date: October 9, 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.

LootBot 🤖
@lootbot_xyz

Announcement: $xLOOT & Revenue Share

We're officially re-enabling $LOOT burning for $xLOOT tomorrow. A subsequent post with new params will follow accordingly.

We've also adjust rev-share to be on a weekly basis from now on. Every Monday you will be able to claim your rewards.

LOOT Price Changes After Event Publication

LOOT Events on the Chart

3.30%

1 day

12.46%

2 days

74.40%

Now (Added 2 years ago)

The event is about to begin