37th Weekly Burn Completed
Azbit has destroyed 21,663,994.20 AZ from the project’s net profit in its 37th weekly burn.
Every 7 days, Azbit token is burned to support the price of the existing AZ. The team will eliminate native coins from circulation until 10% of the initial supply remains on the market.
The next AZ burn is scheduled for November 2, 2020.