Important Announcement - 80% Supply Burn Completed. Shibes,.
31 Oct 2022, 06:27
Important Announcement - 80% Supply Burn Completed š„ ā
Shibes,
š³ As proposed and voted by the community, the #Dogechain team irrevocably destroyed 800 billion $DC tokens.
Proof of Burn š
Timestamp: Oct 31 4:20 AM UTC š
Following this burn, the $DC token metrics will be updated as follows:
š¹ Initial Supply 1,000,000,000,000
š¹ Previously burned tokens - 726,256,133
š¹ Great Burn event - 800,000,000,000
š Post-Burn Total Supply: 199,273,743,867
š Additionally, due to how aggregators track wallet data, the reported circulating supply of #Dogechain tokens was ~32 billion.
This data was inaccurate, as a large portion of these tokens were never put into circulation, just moved from their original wallet. š° ā š°
Consequently, ~18 billion $DC from this reported circulating supply has also been burned š„
This reduces the circulating supply by ~58%:
š Post-Burn Circulating Supply: 14,154,522,970
Rest assured that the tokenomics page š
ā will be updated shortly, and all this information provided to aggregators so that the supply of $DC is accurately tracked.
š Once again, we express enormous gratitude to the community which triggered this historic event for #Dogechain.
The reduced supply will play a big part in how the community views the project in the long term.
Let's build DeFi, NFTs, and games for $DOGE, together. š¤
ā»ļø Retweet:
Dogechain is bringing DeFi & long awaited utility to Dogecoin. Join the family! š
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