Wagerr WGR: Coin Burn

Name: Coin Burn
Start: 2020-10-01T00:00:00Z
End: 2020-11-01T00:00:00Z

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Event date: October 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.

Wagerr
@wagerrx

1/3 Three new records this week! - 🏆 Largest bet volume in a single week - 🏆 Biggest net burn in Wagerr history - 🏆 Largest weekly Masternode Reward #Wagerr is crushing it! Read more in Wagerr Weekly! news.wagerr.com

Wagerr
@wagerrx

2/3 🏆 Largest bet volume in a single week: 8.5 million $WGR gambled! To put this in context, if Wagerr sustained that weekly burn rate for a year, the WGR coin supply would shrink by 18%. 37 million WGR would be destroyed by October 2020. #deflation

WGR Price Changes After Event Publication

WGR Events on the Chart

94.69%

Now (Added 5 years ago)

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