Hey Landers! It’s time to carry out another burn since another month has come and gone, we present to you $XTM Burning Report for January 2023!
Token Burning
A total of 16,877.93 $XTM have been successfully burnt and removed from the circulating supply of $XTM.
Proof of Burn
https://bscscan.com/tx/0x907d0c9861240b8f8a4ac7a8e79b1d2501bd5476d9b9e500b9371ecaa73baae8
Here is a brief explanation of the origin of all the $XTM:
Source №1
- Gathered from: Torum Gift Mechanism (from 26th Dec to 25th Jan).
- Amount gathered: 11556.23 $XTM.
Source №2
- Gathered from: 140+ accounts that were banned (from 26th Dec to 25th Jan).
- Amount gathered: 5321.7 $XTM
Note: These accounts have been banned due to them breaking the rules of Torum.
Disclosure of transactions
16,877.93 $XTM locked into PolyBridge contract in Ethereum Mainnet (to bridge to BNB Chain).
Out: Transaction №1 (16,877.93 $XTM locked for bridging):
https://etherscan.io/tx/0xbeefb969fb133bb59b20f8ef8a81ababbf221f6801a4e745d306a35b0cc59da0
16,877.93 $XTM received from the bridge in BNB Chain.
In: Transaction №1 (16,877.93 $XTM received from the bridge in BNB Chain):
https://bscscan.com/tx/0x554be9a628e8c95fd333c1964826904cddfedc9c3068becccee0205f80983fab
16,877.93 $XTM sent to the wallet used by the team to burn tokens.
Out: Transaction №1 (16,877.93 $XTM sent):
https://bscscan.com/tx/0xbfa7fe667e32a0803d9d03e0cb46bdc28ba4bc98413115caa11e1cf901ab6ccf
If there are any further questions, feel free to reach out to the team.
Stay tuned for the next update!
About Torum
Torum is a Web3-driven SocialFi ecosystem that is specially designed to connect cryptocurrency users.
We make connecting with cryptocurrency users and accessing Web3 data easier.
Website | Twitter | Telegram | Discord | Medium | Facebook | LinkedIn | Reddit | Torum Finance | Torum Avatar NFT
