First ARMR Coin Burn

By ARMR_Network | ARMR_NETWORK | 16 Oct 2019

Today is our first coin burn. Our Total Supply of 40m was surpassed by 1.010.407 ARMR due to the generated staking rewards. So, time to burn some ARMR!

By destroying them through the transaction fee, we make sure that ARMR does not have an amount of surplus coins.

As you can see in our ARMR Block Explorer the supply has gone down. From now on we will be doing a Coin Burn process in an irregular period when it's needed.

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