38th Weekly Burn Took Place
Published in
Nov 3, 2020
As a weekly tradition, Azbit burns AZ according to the overall trading volume. This time, 20,812,302.38 native tokens have gone on fire. To date, the number of coins eliminated from circulation reaches 13,636,442,628.15.
Azbit team removes AZ tokens from circulation, reducing the total supply to support price and offset inflation. Token burn will take place every week until 10% of the initial supply remains on the market.
The next AZ burn is scheduled for November 9, 2020.
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