The 5th Burn Report: +1.5 million XCB Burnt 🔥
We have already burned more than 1.5 million XCBs
The fifth set of XCB token burns has been completed for a total of 579.668,33 XCB.
Burn Details
- Platform remnant 11th month 79666,66
- Platform remnant 12th month 100000,33
- Platform remnant 13th month 100000,33
- Platform remnant 14th month 100000,33
- Platform remnant 15th month 100000,33
- Platform remnant 16th month 100000,33
We will continue to perform periodic burns, to valorize the token.
Total XCB tokens burned
A total of 1.660.307,32 XCB tokens have been burned so far, adding up all those burned.
Total Supply: 48,339,692.68
Burning mechanisms
Some of the burn mechanisms that will reduce supply and help value the token:
- Companies wishing to sponsor one of our virtual wallet contests must purchase multiple tokens and burn them.
- If the maximum allocation quota is not reached in the predefined amount of tokens distributed monthly by the platform, they will be burned.
- If a user with token allocation does not claim them within three months, they will be burned.
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