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Phavercoin to Hold Token Burn

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Phavercoin has announced that the tokens not claimed by October 24th, 10:00 UTC, amounting to approximately 42.16 million SOCIAL, will be burned.

Event date: October 24, 2024 10:00 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.

Phaver 🦄
@phaverapp
Final Call: This is a reminder for users who haven’t yet claimed their S1 Phairdrop to do so before 10 am UTC tomorrow.

🔥 We’re announcing that tokens that are not claimed by tomorrow will be burned. This represents currently 42.16 million $SOCIAL.
The event is about to begin
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Added by Leisan
Oct 24 08:52 (UTC)
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