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Qredo to Hold Token Burn

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Qredo has announced that it has burned 235 million QRDO tokens. This action was taken following the approval of QPIP-1 and the implementation of new tokenomics.

Event date: August 22, 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.

THE BURN IS HERE. 🔥🔥🔥
today, following QPIP-1 approval and our new Tokenomics, we burned 235 million $QRDO tokens. 🤯 The community asked for it, we delivered. 🤝😎
Here is the Txn Hash: 👀
https://etherscan.io/tx/0x35c96e621124075af33f196388fad69332470f4b36d5d82a9bae57b895c36e8f
The event is about to begin
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Added by Alika
Aug 22 21:14 (UTC)
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