Azbit News
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Azbit News

26th Weekly Burn Took Place

The supply of native coins gets smaller over time: Azbit has destroyed 31,084,117.09 AZ from the project’s net profit in its 26th weekly burn.

AZ token destruction is intended to limit the circulating supply and, consequently, to support the price of the native coin. The procedure will take place every week until 10% of the initial supply remains on the market.

The next AZ burn is scheduled for August 17, 2020.




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