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Transcodium TNS: Coin Burn

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TNS burn continues this month which is scheduled on 17th May 2020, to burn 600,000 TNS to reduce the total supply as decided by the Transcodium team.

Event date: May 17, 2020 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.

Transcodium Ltd.
@transcodium
TNS burn event Phase 3 is scheduled to take off on 17th May, 2020, to burn 600,000 TNS to reduce the total supply.
The event is about to begin
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