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The Debt Box DEBT: Token Burn

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April burn notice

Event date: April 20, 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 DEBT Box
@thedebtbox
🔥 April burn notice: XPLR A total of 1,000,000,000 #XPLR #tokens were burned this month to maintain the project's tokenomics. XPLR burned: 1,000,000,000 x $0.00515 = $5,150,000
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Now (Added 1 year ago)
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