RCH Token Holds Token Burn

Name: Token Burn
Start: 2026-06-08T00:00:00Z
End: 2026-06-09T00:00:00Z

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RCH Token reported a weekly burn of 22,406 RCH on June 8th. The burn included tokens bought with USDT fees, direct RCH fees, and the Automator airdrop share.

Event date: June 8, 2026 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.

SOFA.org
@sofaorgdao

Last week 22,406 $RCH was burned as part of SOFA’s ongoing efforts to drive deflation and boost ecosystem value!

burn Breakdown:
USDT Fees: 1650U -> 16205 $RCH
$RCH Fees: 1789 $RCH
Automator Airdrop Share: 4412 $RCH

Let's go!

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