coin burn

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A Look Inside Week 44 on the Callisto Network Ecosystem

4 Nov 2023 1 minute read 0 comments Callisto Network

  Welcome to the Callisto Network Weekly Update! Discover the latest highlights, community engagement, and exciting initiatives in our ecosystem. From boosting CLO value to an engaging AMA and creative storytelling, our community is in action. Join...

The Importance Of Coin Burn In Tokenomics

25 Oct 2023 4 minute read 1 comment 0xVince

The coin burn (also called token burn) mechanism in tokenomics, reduces the total supply of tokens or coins by removing them from circulation. It forms a part of the deflationary policies in the protocol of a cryptocurrency. In a coin burn, the token...

🔥 Igniting Growth: First Buyback and Burn Complete!

19 Jun 2023 1 minute read 0 comments Callisto Network

Our new buyback and burn policy is not just live; it's ALIVE AND KICKING! 🎉 We've completed the first two audits under this new policy, taking 20% of the audit fee to buy back CLO and burn them. The results? Check out the sizzling details: - Withdra...

TERRA (LUNA) the post fall case

9 Nov 2022 4 minute read 1 comment Mcthru

This wants to be an important lesson for the reader, who glimpses stellar returns in the crypto sector without glimpsing these small problems that arise slowly and become a giant bubble, which bursting reaping users (the victims). TERRA (luna) is a c...

How does Crypto Burning Work? All You Need to Know

2 Sep 2022 4 minute read 0 comments UniFarm

Have you heard of the term “crypto burning”? This is something that the companies behind the crypto tokens do to increase the value of their tokens by limiting the supply. But what exactly happens during crypto burning? How does crypto burning work?...

Pancakeswap burned today a whopping 2.48% of the total supply

7 Feb 2022 1 minute read 1 comment Fgeletterd

Huge news here guys, officially announced on their twitter account including proof. 6,590,434 $CAKE burned. So what does that mean? With a total coin supply of 265,541,943 they just burned 2.48%. This is huge. And I believe these are just preparatio...

Unus Sed Leo in focus, a token built to be destroyed

14 Dec 2021 2 minute read 0 comments Austras

Some tokens and coins claim to be "unique", offering burn mechanics, repaying the community or a running a specialized smart contract. Unus Sed Leo or just LEO token is unique. It started with a loss of 850 million dollars and the idea that the token...

Theta in focus, will it topple Youtube & Twitch?

21 Oct 2021 3 minute read 6 comments Austras

With internet access spreading through out the world, companies struggle to deliver high-quality service to all corners of the world. Facebook is even building a subsea cable connecting southern Europe, south-west Asia & northern Africa to help deliv...

Avalanche in focus, a growing smart contract powerhouse

21 Sep 2021 3 minute read 0 comments Austras

The requirements people place on blockchains are ever growing. People want a high level of TPS while having networks be decentralized and safe from any form of attack. Several blockchains have sacrificed part of their design to fulfill this next leve...

Burn it all down - when is a good time to burn crypto

16 May 2021 1 minute read 0 comments Colgate

We see it all the time, different crypto leaders burning crypto to drive up the price by reducing supply. Often it is unannounced which always adds a nice shock favour, one day ill dive into price jumps and crypto burns but today is not that day.   T...