coin burn

27 Articles 1 Followers


Bruh burns over 5M tokens in one action!

20 Oct 2024 1 minute read 4 comments F.Khan

https://polygonscan.com/tx/0xb697c96d1a5deda8d3706948d06be2658011c1adffd6a88b3eef5b82b268a3d9   That's right over 5M bruh which is over 1% of the total supply has been sent to the dead wallet!   The The News Bruh is a polygon project every day the...

A Look Inside Week 44 on the Callisto Network Ecosystem

4 Nov 2023 1 minute read 0 comments Fushuma

  Note: This article was originally published under the Callisto Network blog. We are now evolving into Fushuma, a community-driven blockchain leveraging advanced ZK-Rollup technology for low fees and high throughput. In Fushuma, FUMA token holders...

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 Fushuma

Note: This article was originally published under the Callisto Network blog. We are now evolving into Fushuma, a community-driven blockchain leveraging advanced ZK-Rollup technology for low fees and high throughput. In Fushuma, FUMA token holders d...

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...