Polkacity POLC: Token Burn

Name: Token Burn
Start: 2023-07-01T00:00:00Z
End: 2023-08-01T00:00:00Z

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Polka City has announced its plans to burn millions of POLC from the bridge custody vault in the near future. Further details regarding subsequent burns will be released on July 27th.

Event date: July 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.

Polka City
@PolkaCity

We will be burning millions of POLC from the bridge custody vault soon!

There will be some more information tomorrow regarding future burns as well.

Hope everyone is having a great day 🔥🫠

POLC Price Changes After Event Publication

POLC Events on the Chart

2.69%

1 day

6.30%

2 days

94.79%

Now (Added 2 years ago)

The event is about to begin