Zebec Protocol ZBC: ZBC Buyback Program
Announcing: the ZBC Buyback Program
Event date: February 21, 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.
2/3 🧵 $ZBC will soon have other sources of deflationary pressure.
Zebec DAO recently voted to launch Nautilus Chain, a staging chain for the upcoming Zebec Chain.
A benefit for the community is that a portion of all gas fees generated on Nautilus will also be burned.
3/3 🧵Read more about $ZBC token burning, token utility, and other token mechanics here ⤵️
medium.com
ZBC Price Changes After Event Publication
1.36%
1 hour
1.13%
3 hours
7.59%
1 day
5.26%
2 days
93.41%
Now (Added 1 year ago)
The event is about to begin
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