Token Burning

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Why Is Important to Coin Burn ... ?

4 Jun 2022 3 minute read 0 comments Nas.A

  From time to time, you hear about burning tokens in the cryptocurrency markets. Burning tokens became an important agenda, especially in the mutual statements between the Terra Luna foundation and Binance CEO. While Binance CEO recommends burning t...

So What is Statera?

17 Feb 2022 2 minute read 8 comments VVoytila

With the inclusion of a new reward coin to publish0x some of you might be wondering what that is and whether it is any good. As someone who has been a holder of Statera for quite some time I would like to share some general news/impressions with you,...

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...

What Is Token Burning?

16 Jan 2022 4 minute read 4 comments SimpleHold

What stands behind the concept?  When a token is sent to a wallet address that isn’t used for the purpose, and it disappears from circulation —  a token burning process is happening. That unusable address is called a burn address or “eater address” —...

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...

The DEX with Burn-Mechanism Support!

30 Oct 2021 1 minute read 0 comments Daniel Bertoli

  We are glad to announce, that we have successfully launched CaballoSwap!     We have partnered with http://www.caballogroup.com, to bring you a new DEX that supports cryptos that contain burn mechanisms.   #СaballoDEX will list $BIT Token and suppo...

oday around 110.000 $ICA were bought back at current market price and sent to the burn address.👀

29 Oct 2021 1 minute read 0 comments icarus.finance

🔥Burn, burn, burn 🔥 Today around 110.000 $ICA were bought back at current market price and sent to the burn address.👀    👏👏👏 This is the biggest burn made so far in our existence! 👏👏👏   $ZETH $ZBTC $ICA   Kindly consider checking around https://icaru...

The London Hard Fork and the Goods and Bads Caused by it

16 Sep 2021 3 minute read 2 comments Cje95

When the London hard fork was being discussed a common misconception that was allowed to run rampant was that this upgrade to the Ethereum Network was going to stabilize and thus lower gas prices. After crossing the $1 BILLION worth of Ethereum I fee...

25 Ethereum Burning Every 1 Minute!

1 Sep 2021 1 minute read 0 comments xreadon

Ethereum is a cryptocurrency with the second largest trading volume and market capitalization in the cryptocurrency market. Certain amounts of commissions are charged for each transaction made with Ethereum. While some of these commissions are burned...

BFG burn July

6 Jul 2021 1 minute read 0 comments CryptoNik

BFG BurningBFG gets burned basically in two ways (besides team tokens burning); 1. AuctionBFG used to bid in auction gets burned. This seems to be a low amount, but any burned BFG is good of course ;) 2. Players losing BFGOfficially they just state t...