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Veros VRS: Coin Burn

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Event date: May 7, 2019 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.

VEROS Fundraising Platform
@Veros_currency
The Program to Reduce the Emission of VRS tokens. The platform will burn tokens received as commission for using the services of the platform just in order to reduce the overall emission of tokens. The burning of tokens will occur every 7th day of the month. May 7, 2019
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